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TJX and 2 Other Retailers That Look Like Bargains Now
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Apple and Microsoft Stocks Rise as Rough Week for Big Tech Ends

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https://www.barrons.com/articles/retail-stocks-bargains-tjx-burlington-ross-51653094504

 * Retail
 * The Trader


TJX AND 2 OTHER RETAILERS THAT LOOK LIKE BARGAINS NOW

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By
Teresa Rivas
Updated May 22, 2022 / Original May 20, 2022
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T.J. MAXX’S PARENT TJX REPORTED EARNINGS THAT WERE ABOVE WALL STREET
EXPECTATIONS.

Cindy Ord/Getty Images

Two of the three major off-price retailers posted quarterly earnings this week,
with dramatically different results. That leaves Burlington Stores, which
reports May 26. There are three key factors that could determine how
Burlington’s stock reacts.

In an otherwise brutal week for retail, TJ Maxx parent TJX (ticker: TJX)
reported an earnings beat, despite light sales. That was a welcome reversal from
other big players, whose higher revenue failed to flow through to the bottom
line due to margin-crunching supply-chain and freight...

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 * Technology


APPLE AND MICROSOFT STOCKS RISE AS ROUGH WEEK FOR BIG TECH ENDS

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By Brian Swint
May 20, 2022 7:33 am ET
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Megacap technology companies Apple, Microsoft, Alphabet, Tesla and Meta traded
higher on Friday, recovering some of their recent losses.

The companies had seen big selloffs as market sentiment soured over the past few
weeks. Faster inflation, a Federal Reserve interest-rate hike and strict Covid
lockdowns in China conspired to bring the tech-heavy Nasdaq index of higher-risk
stocks into a bear market. The benchmark Nasdaq 100 has lost more than $1
trillion of market value this month.

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TJX AND 2 OTHER RETAILERS THAT LOOK LIKE BARGAINS NOW

Two of the three major off-price retailers posted quarterly earnings this week,
with dramatically different results.

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