Chart of the Day: 'Big Money Favorite' Enjoys a Strong Push Higher
We see money flow improving and momentum is back for the stock.
You're reading 0 of 1 free page.
Register to read more or Unlock Pro — 50% Off Ends Soon
With a very strong consumer in the latter half of 2025 it stands to reason the best retail names are going to stand out. TJX Companies (TJX) is clearly one of those, with good pricing, strong inventory levels, solid margins and share gains against competitors. Those are fundamental reasons for owning the stock (and many more follow), but the chart is also very impressive.
What I notice here is a strong move up in the supporting indicators. Start with the moving average convergence divergence (MACD), which is now on a confirmed buy signal. The parabolic stop and reverse (SAR) is now on a buy signal and should provide some good support. Momentum is back with TJX, with the stochastics indicator zooming up.
One fly in the ointment could be the stock not making new all-time highs yet. That is not problematic as long as the bullish trend remains intact. Notice the strong money flow at the bottom of the chart; institutions are still buying this stock. TJX Is a favorite of big money managers.
We like TJX in TheStreet Pro Portfolio and rate it a Two, or "stockpile on weakness or pullbacks."
More Pro Portfolio:
- Buying More Axon Shares After DHS Body Camera Update
- 23 Portfolio Signals Across 8 of Our Themes
- January Monthly Roundup: Stocks Slide Into February as Volatility Spikes
At the time of publication, TheStreet Pro Portfolio was long TJX.
