Bullish Case: TJX's recent dividend increase, consistent sales growth, and off-price retail demand suggest a continuation of its upward trajectory.


Bearish Case: Elevated P/B ratio and insider sales signal potential overvaluation; mean-reverting price action implies potential downside risk.


Potential Outcomes:

1) Sales growth sustains, stock rises, 55%.

2) P/B ratio correction, stock drops, 30%.

3) Unforeseen events cause volatility, 15%.


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April 13, 2024


TJX Companies Forecast

TJX        TJX Companies
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with TJX



ROST Forecast + Options Trading Strategies   ROST  Ross Stores (0.95)


ANET Forecast + Options Trading Strategies   ANET  Arista Networks (0.94)


CHKP Forecast + Options Trading Strategies   CHKP  Check Point Software Technolgies (0.94)


APO Forecast + Options Trading Strategies   APO  Apollo (0.94)


ANF Forecast + Options Trading Strategies   ANF  Abercrombie & Fitch (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to TJX



AAPL Forecast + Options Trading Strategies   AAPL  Apple (-0.0)


HIVE Forecast + Options Trading Strategies   HIVE  HIVE Blockchain (-0.0)


BG Forecast + Options Trading Strategies   BG  Bunge (0.0)


SMTC Forecast + Options Trading Strategies   SMTC  Semtech (-0.0)


EW Forecast + Options Trading Strategies   EW  Edwards Lifesciences (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TJX



SPWR Forecast + Options Trading Strategies   SPWR  Sunpower (-0.88)


CORN Forecast + Options Trading Strategies   CORN  Teucrium Corn (-0.89)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (-0.9)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.92)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.94)


TJX News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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