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TJX Companies (TJX) Jumps: Stock Rises 8.8%

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The TJX Companies, Inc. (TJX - Free Report) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 25.1% in the past one-month time frame.

The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower in the same time period, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

TJX Companies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.


A better-ranked stock in the Retail-Wholesale sector is Costco Wholesale Corporation (COST - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

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The TJX Companies, Inc. (TJX) - free report >>

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