In a welcome move, TJX Cos saw its Relative Strength Rating improve from 65 to 71 on Thursday.
IBD's proprietary RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating north of 80 as they begin their biggest climbs. See if TJX Cos can continue to rebound and hit that benchmark.
How To Invest In Stocks In Both Bull And Bear Markets
TJX Cos is working on a flat base with a 128.00 buy point. See if it can break out in heavy trading.
TJX Cos posted 10% earnings growth in its most recent report. Revenue increased 0%.
The company earns the No. 2 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Urban Outfitters 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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
