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TJX - The TJX Companies, Inc.

Posted on the 08 October 2011 by Divstkforcomman @DivStkForComMan
The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the United States and worldwide, currently ranking 119 in the most recent Fortune 500 listings. With nearly $22 billion in revenues in 2010, more than 2,800 stores in six countries and over 160,000 Associates, they are a global, off-price value retailer. TJX is a great way to collect a 1.36% dividend yield while reaping the benefits of a stable stock all throughout the year, especially during Christmas time. Why am I targeting Christmas time? They are always packed. TJX owns T.J. Maxx, Marshalls (referred to as "Marmaxx"), and HomeGoods. All quality name brands in the United States.
TJX operates off-price retail chains in the United States, Canada and Europe. Each of its segments has its own administrative, buying and merchandising organization and distribution network. This allows TJX to run on all cylinders. They are a value retailing conglomerate. TJX's market cap is $21.22 Billion.
I strongly suggest reading the "About Us" section of TJX's website. If you do not feel confident about TJX after reading I'm not sure what else to tell you. They believe they can double in size and I believe them. Have you ever visited Marshalls or T.J. Maxx? They are always jam packed with bargain seeking customers and they stock a plethora of designer clothing apparel which typically was not sold at high-end retailers. I love stock on the cheap, but also love companies which sell product on the cheap.
TJX's stock has split three times since June 27th, 1997 and I believe they are set for another split. TJX is what I like to call a niche or category killer. They are the best at what they do with no serious competition. TJX continues to add stores and increase comp store sales. Their merchandise gives value and so will their shares. 
Click here to visit TJX's website, and here to visit their Investor relations page. Also, feel free to watch the videos below. TJX does well in good times and bad. Pick up some shares during this upcoming week and enjoy TJX's steady increase in value through price and always reinvest your dividends! Have a great weekend and go visit a "Marmaxx"!

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