The Relative Strength (RS) Rating for TJX Cos (TJX) moved into a new percentile Thursday, as it got a lift from 68 to 75.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners often have an 80 or higher RS Rating as they begin their biggest runs. See if TJX Cos can continue to show renewed price strength and hit that benchmark.
TJX Cos is still inside a buying range after clearing a 135.85 buy point in a cup without handle. Once a stock moves 5% or higher beyond the initial entry, it's considered out of buy range.
Earnings grew 15% last quarter, up from -1% in the prior report. Revenue also increased, from 5% to 7%.
TJX Cos holds the No. 3 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Urban Outfitters (URBN) is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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