Why TJX Companies Belongs in Every Dividend Growth Portfolio
From NASDAQ.: 2025-03-06 08:15:00
TJX Companies (NYSE: TJX) is a reliable blue-chip stock in the retail sector, with a strong track record of growth and capital return. The company recently announced a 13% dividend increase and plans for significant share repurchases in 2025, signaling confidence in its future performance.
The sell-side interest in TJX is strong, with analysts giving it a consensus Moderate Buy rating and institutional investors showing increased buying activity. The company’s position as a leading off-price retailer sets it up for sustained growth and improved earnings in the coming years, making it a solid investment opportunity.
Despite a brief dip in stock price after Q4 results, the long-term outlook for TJX is bullish, with a Bullish Flag Pattern indicating potential for a 10% to 100% increase in the stock price over the next year. This pattern suggests a continuation of the current upward trend, making TJX a lucrative option for investors in 2025.
Read more at NASDAQ.:: Why TJX Companies Belongs in Every Dividend Growth Portfolio