Buying a stock is easy, but buying the right stock without a good strategy is incredibly hard. Here are five top-performing stocks to buy now or put on a watchlist.
TJX stock has risen more than 25% over the last year and trades at a growth-dependent valuation. The company's strengths in the off-price retail market help support its valuation premium.
TJX Companies delivered a string of better-than-expected earnings reports last year. The business has been able to keep growing sales and earnings despite macroeconomic pressures.
TJX has the opportunity to grow its store base by around 35% over the long term. The off-price model benefits when traditional retailers struggle, driving impressive sales growth and margin expansion.
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