TJ Maxx: Why The COVID-19 Crisis Could Drive The Shares Higher

In this environment, I’m seeking companies that experienced a share price drop greater than the market at large. I also desire investments with strong financial foundations, well funded dividends and a dynamic business model. TJX Companies (TJX) meets all of those criteria. However, the company’s business model could provide TJX with a boost in profits and share price when the COVID-19 crisis abates.

TJX Companies benefit through the pain suffered by other brick and mortar retailers. Over the long term, TJX could actually see a boost due to the coronavirus.

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