Best Buy Co., Inc. (BBY), Urban Outfitters, Inc. (URBN), The TJX Companies, Inc. (TJX): Today’s Three Best Stocks

Finally — and to keep the theme of retailers alive and well today — The TJX Companies, Inc. (NYSE:TJX), the parent of TJ Maxx and Marshalls, added 6.9% after also reporting stellar second-quarter earnings results. The TJX Companies, Inc. (NYSE:TJX) delivered 8% net sales growth during the quarter to $6.4 billion with an equally impressive 4% increase in comparable-store sales growth (no easy figure in this spending environment). Profit for the quarter rose to an adjusted $0.66 per share over the year-ago period and easily ran past the $0.63 in EPS analysts expected. Furthermore, The TJX Companies, Inc. (NYSE:TJX) slightly boosted its full-year EPS outlook to a range of $2.74-$2.80 from prior guidance of $2.70-$2.78. As I mentioned this weekend, I fully expect The TJX Companies, Inc. (NYSE:TJX) to clean up this back-to-school shopping season.

The article Today’s 3 Best Stocks originally appeared on Fool.com and is written by Sean Williams.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.The Motley Fool recommends Home Depot and Urban Outfitters.

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