Despite market volatility, March retail sales are strong, making TJX a top retail stock pick.

From Yahoo Finance: 2025-04-19 15:33:00

In the midst of stock market volatility due to Trump’s tariffs, March retail sales soared by 1.4%, surpassing expectations. Consumer spending remains strong despite falling sentiment. Sales exclude autos showed a 0.5% increase, outperforming forecasts. Hobby, sports goods, and music stores saw a 2.4% rise, while hardware stores rose 3.3%. Food service and drinking places experienced a 1.8% growth, indicating resilience amid tariff uncertainties. Analysts affirm that The TJX Companies, Inc. (NYSE:TJX) is a top choice amidst economic concerns, ranking it third on the list of best retail stocks to buy now. TJX’s fiscal Q4 2025 sales exceeded $56 billion, with EPS at $1.23. TJX is a strong investment option, but AI stocks may offer higher returns in a shorter timeframe.



Read more at Yahoo Finance: Is The TJX Companies (TJX) the Best Retail Stock to Buy Right Now?