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business7h ago
Jim Cramer Wonders Whether It’s Time to Buy The TJX Companies (TJX)
- Cramer asks if now is the time to buy The TJX Companies as consumer sentiment softens.
- TJX stock up about 24% over the last year, with a 3.9% rise year-to-date.
- Bank of America lifts TJX target to $175 with Buy stance, citing operational strength.
- UBS reiterates Buy with a $193 target, highlighting market share potential.
- Cramer previously referenced TJX in Mad Money amid discounting commentary.
- The article links TJX’s discounting strategy to its stock performance.
- Market observers note TJX’s potential to gain market share in retail.
- The report aggregates analyst views from Bank of America and UBS.
- TJX is described as an off-price retailer with solid long-term momentum.
- The piece notes TJX's price activity in relation to highs and discounts.
- The article mentions a broader context of market signals and performance metrics.
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