10 Best Retail Stocks To Buy Now

4. The TJX Companies, Inc. (NYSE:TJX)

Number of Hedge Fund Holders: 63

The TJX Companies, Inc. (NYSE:TJX) operates in the US, Canada, Europe, and Australia through its off-price apparel and home fashions retail stores. The company offers family apparel, home fashions, and other merchandise.

Some of the main brands operated by The TJX Companies, Inc. (NYSE:TJX) include T.J. Maxx, Marshalls, HomeGoods, HomeSense, Winners, and Sierra. Through its brands and stores, the company managed to grow its revenue by 5.9% in the first quarter, raking in a revenue of $12.4 billion for the quarter.

The average analyst price target on The TJX Companies, Inc. (NYSE:TJX) is $114.5 as of June 28. As of June 6, BMO Capital holds and Outperform rating on the stock as well.

A total of 63 hedge funds held stakes in The TJX Companies, Inc. (NYSE:TJX) in the first quarter, with a total stake value of $1.7 billion.