The TJX Companies, Inc. (NYSE:TJX) was among the stocks Jim Cramer discussed in this changing market.
Cramer commented on the company’s latest earnings, as he said: Last week, we reached the part of the earnings season where we hear from the big retailers, and so far, calling it a mixed bag
Rather than taking them in chronological order, I want to go by the quality of the numbers. At this point, we’ve heard from six major retail chains. Two are legitimately strong, two are okay, two are disappointing.
Let’s take them from best to worst… The best so far was TJX. That’s that off-price kingpin that you know as TJ Maxx, Marshalls, maybe the very popular HomeGoods as well as being a long-time holding for my Charitable Trust. I’ve owned this one for ages.