Parkev Tatevosian, CFA发布 2026-09-24
《Is TJX Stock an Undervalued Stock to Buy Right Now?》
$TJX未站边
TJX 基本面强劲，但估值略高（按 DCF 测算高估 10-15%）；当前价格对新进资金缺乏吸引力，因此给予持有评级。
TJX Companies 是 TJ Maxx、Marshalls 和 Home Goods 门店的母公司，其业绩持续超出预期。
TJX Companies, the owner of TJ Maxx, Marshalls and Home Goods stores, continues to exceed expectations.
管理团队对公司的前景如此乐观，以至于上调了对门店数量的长期预期，即他们认为自己能够有效管理的门店数量。这一预测被上调了 500 家，达到 7,500 家门店，而管理团队正将扩张速度加快至 4%，以抓住这一机会。
The management team is so optimistic about the company's prospects that it has raised its long-term expectations for the number of stores it believes it can effectively manage.
The projections have been increased by 500 units to reach 7,500 stores , and the management team is accelerating the pace of expansion to 4% to take advantage of that opportunity.