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Is Now the Time to Buy TJX?


Just when you thought retail finally found its footing, along comes coronavirus and knocks it all down.

Stores are closing faster than you can say "COVID-19," and while TJX Companies (NYSE: TJX), also decided to shutter for the next two weeks, it remains a solid investment.

Ernie Hermann, CEO of TJX, has said many times that TJX has a unique model that works in any retail climate, including a recession. This hedged business model continues to deliver value for investors under many types of circumstances.

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Source Fool.com

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