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The stock has gained 11.2% in price over the past month and 12.7% over the past three months to close yesterday’s trading session at $75.81. It is currently trading just 0.5% below its all-time high of $76.16, which it hit on August 24.
TJX could continue to benefit by capitalizing on “revenge spending” and offering a ‘Treasure-hunt’ like shopping experience. The company should see more customers returning to its stores.