Reported 2 days ago
In a recent CNBC appearance, Jim Cramer highlighted The TJX Companies, Inc. (TJX) as a strong stock pick, citing its potential to benefit from excess inventory in the market. While the stock has faced challenges due to inflation and recession concerns, Cramer believes that TJX will thrive as retailers offload unsold inventory. He emphasized that TJX could emerge as a key player in the retail landscape amidst shifting economic policies and consumer behavior.
Source: YAHOO