Jim Cramer Says “When the Rest of Retail’s in Trouble, TJX Makes Out Like a Bandit”

TJX -1.70%

The TJX Companies, Inc. (NYSE:TJX) is one of the stocks Jim Cramer recently offered insights on. Cramer noted that his team raised the price target on the stock for the Charitable Trust, as he said:

“Finally, we got this really strong quarter from TJX… It’s another name we own for the Charitable Trust. This one’s very different from the other retailers that reported this week because TJX is the leading off-price chain. They’re playing a different game than regular retailers…

A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels

The TJX Companies, Inc. (NYSE:TJX) is an off-price retailer that provides clothing, shoes, accessories, and a variety of home goods at discounted prices.

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Disclosure: None. This article is originally published at Insider Monkey