TJX Stock Price Stumble Is Your Chance to Pick Up a Bargain
TJX Companies (NYSE:) stock price stumbled in the wake of its Q1 earnings report and guidance update, but investors should not fret. The move is a natural market movement within an otherwise bullish trend caused by tepidness in the result report.
The results were better than expected, with organic and store count growth in the equation, but guidance left something to be desired. What that was is strength.
The company is guiding for 2% to 3% top-line growth, which is good enough to sustain the capital return outlook, but it was expected. Before the release, the market moved to a new high and needed hot guidance to hold the gain.
TJX Companies Is Trending Higher in 2025
Investors should take away that as-expected guidance aligns with the…
