The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise. It offers its products through stores and e-commerce sites. The TJX Companies, Inc. was incorporated in 1962 and is headquartered in Framingham, Massachusetts.

TJX looks like a high-quality retailer, but one that is already priced quite expensively, with strong operating efficiency and a moderate balance sheet. Profitability is impressive: ROE of 59.66%, ROA of 16.54%, ROI of 48.97%, and return on tangible equity of 60.26% are noticeably above the industry median, while operating margin of 12.26% and net margin of 9.10% continue to improve over time. At the same time, gross margin of 30.96% is below the industry median, indicating structurally lower merchandising markup, although the company offsets this with cost discipline and scale. Revenue, EBITDA, operating income, and net income have generally increased compared with earlier periods, which supports the fundamental case. The balance sheet looks solid: debt-to-equity is only 0.18 and long-term debt has declined versus prior periods, reducing financial risk. However, liquidity is not ideal: the quick ratio of 0.59 and current ratio of 1.14 are below the industry median, so the margin of safety in working capital is limited. The most notable downside for valuation is the very high multiples: P/E of 35.69, P/S of 2.77, P/B of 16.48, and P/FCF of 31.19 are significantly above industry medians, leaving little room for error in growth expectations. Dividend yield is effectively absent, and the recent decline from 0.32–0.33 to 0.00 removes one of the stock’s supporting factors. Overall, TJX has strong fundamentals, but the market is already pricing in a high level of business quality and resilience. Therefore, a moderate negative adjustment to the target price is logical: there is upside potential, but it is limited by the expensive valuation and imperfect liquidity. For an investor, this is more of a high-quality defensive retail story than a clear undervaluation case.

TJX Companies, Inc. (The)

Сильный индекс, значительно упал. Быки в растерянности.

Strong index, significantly down. The bulls are confused.

Сильный индекс, незначительно вырос. Рынок на стороне быков.

Strong index, slightly up. The market is on the bulls' side.

Сильный индекс, значительно вырос. Приток средств в лонги на высоком уровне.

Strong index, significantly up. Inflow of funds into longs at a high level.

TJX demonstrates strong profitability and a resilient balance sheet, but trades at a significant premium to the industry and without dividend support.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Momentum Factor ETF (Symbol: MTUM) where we have detected an approximate $141.3 million dollar outflow -- that's a 0.5% decrease week over week (from 84,700,000 to 84,250,000). Among the largest underlying components of MTUM, in trading today Quanta Services, Inc. (Symbol: PWR) is down about 2.4%, Cummins, Inc. (Symbol: CMI) is up about 0.4%, and TJX Companies (Symbol: TJX) is up by about 0.3%. For a complete list of holdings, visit the MTUM Holdings page » The chart below shows the one year price performance of MTUM, versus its 200 day moving average:
Looking at the chart above, MTUM's low point in its 52 week range is $229.42 per share, with $345.59 as the 52 week high point — that compares with a last trade of $309.43. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Further MTUM Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

MTUM, PWR, CMI, TJX: ETF Outflow Alert

TJX (TJX) closed at $153.46 in the latest trading session, marking a -1.25% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 1.21%. On the other hand, the Dow registered a loss of 0.97%, and the technology-centric Nasdaq decreased by 2.15%.
The parent of T.J. Maxx, Marshalls and other stores's stock has dropped by 5.91% in the past month, falling short of the Retail-Wholesale sector's gain of 2.27% and the S&P 500's gain of 0.42%.
The investment community will be closely monitoring the performance of TJX in its forthcoming earnings report. The company's upcoming EPS is projected at $1.17, signifying a 6.36% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $15.12 billion, indicating a 5.02% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.17 per share and revenue of $63.9 billion, indicating changes of +9.3% and +5.85%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for TJX. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. TJX presently features a Zacks Rank of #2 (Buy).
With respect to valuation, TJX is currently being traded at a Forward P/E ratio of 30.07. This represents no noticeable deviation compared to its industry average Forward P/E of 30.07.
It is also worth noting that TJX currently has a PEG ratio of 3.37. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. TJX's industry had an average PEG ratio of 2.68 as of yesterday's close.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 22, which puts it in the top 9% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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TJX (TJX) Declines More Than Market: Some Information for Investors

In trading on Thursday, shares of TJX Companies (Symbol: TJX) crossed below their 200 day moving average of $153.87, changing hands as low as $152.40 per share. TJX Companies shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of TJX shares, versus its 200 day moving average:
Looking at the chart above, TJX's low point in its 52 week range is $123.78 per share, with $170 as the 52 week high point — that compares with a last trade of $152.80. The TJX DMA information above was sourced from TechnicalAnalysisChannel.com
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »
Further TJX Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

TJX Companies Breaks Below 200-Day Moving Average - Notable for TJX

Target Corporation TGT is advancing its digital transformation through investments in artificial intelligence (AI), advanced analytics and technology. The company is expanding the use of AI-enabled tools to support merchandising decisions, improve operational planning and enhance the shopping experience. Management views these investments as a key part of its refreshed strategy to strengthen retail execution across stores and digital channels.
AI-enabled tools are helping Target's merchandising teams make faster, more informed decisions. The company is leveraging advanced analytics to refine assortment planning, optimize merchandising execution and respond more effectively to changing consumer preferences. These capabilities are streamlining workflows and supporting the company's focus on delivering compelling assortments across its priority merchandise categories.
Technology investments are also strengthening Target's supply chain and store operations. The retailer is enhancing data connectivity across its distribution network to improve inventory visibility and product availability. During the fiscal first quarter of 2026, these efforts contributed to stronger in-stock performance despite higher-than-expected sales, while strengthening coordination across merchandising, distribution and store operations.
Target continues to expand its digital and omnichannel ecosystem, with stores serving as the foundation of its fulfillment network. In the fiscal first quarter, digitally originated comparable sales increased 8.9%, while same-day delivery grew more than 27%, driven by Target Circle 360. Digital represented 20.3% of merchandise sales, up from 19.8% a year ago and stores fulfilled 97.6% of total merchandise sales. Management also highlighted nearly 60% growth in first-quarter gross merchandise value ("GMV") at Target Plus, reflecting strong marketplace momentum and expanding revenue opportunities.
The company's technology investments are also enhancing the in-store experience. During the fiscal first quarter, several guest satisfaction metrics reached three-year highs, including wait times, product availability, store cleanliness and team interactions. As Target continues investing in AI-enabled tools, digital capabilities and operational improvements, it is building a more connected retail platform that supports efficient execution and a seamless omnichannel shopping experience.
Target’s Price Performance, Valuation & Estimates
TGT stock has gained 30.6% over the past six months compared with the industry’s 2% growth.
Image Source: Zacks Investment Research
Target’s forward 12-month price-to-earnings ratio of 16.09 reflects a lower valuation than the industry’s average of 30.81. TGT has a Value Score of A.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for TGT’s fiscal 2026 earnings implies year-over-year growth of 10.3%, while the same for fiscal 2027 indicates growth of 6.4%. Earnings estimates for fiscal 2026 and 2027 have increased by 5 cents each, respectively, over the past 60 days.
Image Source: Zacks Investment Research
Target currently carries a Zacks Rank #2 (Buy).
Other Key Picks
Some other top-ranked stocks in the retail space are Dollar Tree Inc. DLTR, Ross Stores Inc. ROST and The TJX Companies, Inc. TJX.
Dollar Tree is an operator of discount variety stores offering a broad assortment of everyday consumables and discretionary merchandise. The company currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
The Zacks Consensus Estimate for Dollar Tree’s current fiscal-year sales and earnings indicates growth of 6.5% and 21.7%, respectively, from the year-ago reported figures. DLTR delivered a trailing four-quarter earnings surprise of 32.1%, on average.
Ross Stores operates as an off-price retailer of apparel and home accessories. It presently carries a Zacks Rank #2.
The Zacks Consensus Estimate for Ross Stores’ current fiscal-year earnings and sales implies growth of 17.1% and 10.1%, respectively, from the year-ago actuals. ROST delivered a trailing four-quarter average earnings surprise of 10.2%.
TJX Companies is a leading off-price retailer of apparel and home fashions. It also has a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for TJX Companies’ current fiscal-year earnings and sales implies growth of 9.3% and 5.9%, respectively, from the year-ago actuals. TJX delivered a trailing four-quarter average earnings surprise of 8.8%.
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Target's AI & Digital Investments Strengthen Retail Operations

U.S. retail sales grew in June, as energy costs eased and online sales surged. The retail sector has been making a steady rebound amid high inflation and ongoing geopolitical tensions. Despite these challenges, spending has remained resilient, boosting the sector.
Given this situation, it would be ideal to invest in retail stocks with a strong online presence. We have selected five stocks, namely, Amazon.com, Inc. AMZN, Five Below, Inc. FIVE, Dollar Tree, Inc. DLTR, Target Corporation TGT and The TJX Companies, Inc. TJX.
Retail Sales Surge
Retail sales rose 0.2% in June after increasing 1% in the prior month, the Commerce Department reported on Thursday. The rise came in line with analysts’ expectations. On a year-over-year basis, retail sales climbed 6.7%.
The monthly gain was the slowest in five months, yet the sector continued to perform well. One of the biggest boosts came from lower gasoline prices after tensions between the United States and Iran eased in mid-June. Receipts at gas stations fell 5.3% last month, after jumping 2.6% in May.
Receipts at auto dealerships rose 1.9% in June. Also, online retail sales rose 1.9% last month, driven by Amazon Prime Day sales.
Sales at electronics and appliance stores advanced 0.8% in June, while receipts at sporting goods, hobby, musical instrument and book stores rose an impressive 1.3%.
Higher prices due to high tariffs have been weighing on household budgets, but higher incomes are boosting spending. Also, impressive tax refunds this year have been helping consumers spend more freely.
The U.S. economy grew 2.1% in the first quarter. Also, inflation declined sharply in June after surging for three months. The consumer price index declined 0.4% month over month, surpassing analysts’ expectations of a decline of 0.2%. Year over year, CPI fell to 3.5% in June, beating analysts’ expectations of a reading of 3.8%.
The sudden decline in inflation has also raised hopes that the Federal Reserve could wait for a longer period before deciding on whether to hike interest rates. Lower interest rates are likely to boost the sector further.
5 Retail Stocks With Upside
Amazon.com, Inc.
Amazon.com, Inc. is one of the largest e-commerce providers, with sprawling operations in North America, now spreading across the globe. AMZN’s online retail business revolves around the Prime program, well-supported by the company’s massive distribution network. Further, the Whole Foods Market acquisition helped Amazon establish a footprint in the physical grocery supermarket space. AMZN also enjoys a dominant position in the cloud-computing market, particularly in the Infrastructure as a Service space, thanks to Amazon Web Services.
Amazon.com has an expected earnings growth rate of 23.6% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.1% over the last 60 days. AMZN presently has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Five Below, Inc
Five Below, Inc. is a specialty value chain retailer that provides a wide range of premium quality and trendy merchandise for $5 or below. FIVE mainly targets teenagers or pre-teen shoppers for its products, which include certain brands and licensed merchandise. Notably, these products belong to categories such as Style, Room, Sports, Tech, Create, Party, Candy and Now.
Five Below’s expected earnings growth rate for the current year is 35.1%. The Zacks Consensus Estimate for current-year earnings has improved 10.7% over the past 60 days. FIVE presently carries a Zacks Rank #1.
Dollar Tree
Dollar Tree, Inc. is an operator of discount variety stores offering merchandise and other assortments. DLTR’s stores successfully operate in major metropolitan areas, mid-sized cities and small towns. Dollar Tree offers a wide range of quality everyday general merchandise in many categories, including houseware, seasonal goods, candy and food, toys, health and beauty care, gifts, party goods, stationery, books, personal accessories, and other consumer items.
Dollar Tree’s expected earnings growth rate for the current year is 21.7%. The Zacks Consensus Estimate for Dollar Tree’s current-year earnings has improved 3.7% over the past 60 days. DLTR has a Zacks Rank #2.
Target Corporation
Target Corporation has evolved from being a pure brick & mortar retailer to an omni-channel entity. TGT has been investing in technologies, improving websites and mobile apps, and modernizing the supply chain to keep pace with the changing retail landscape and better compete with pure e-commerce players.
Target Corporation’s expected earnings growth rate for the current year is 10.3%. The Zacks Consensus Estimate for current-year earnings has improved 3.7% over the past 60 days. Target currently carries a Zacks Rank #2.
The TJX Companies
The TJX Companies, Inc.i s a leading off-price retailer of apparel and home fashions in the United States and worldwide. TJX’s broad range of assortments at varying prices helps it reach out to a broad range of consumers. In addition, The TJX Companies tries to attract consumers through a rapid turn of inventories.
The TJX Companies’ expected earnings growth rate for the current year is 9.3%. The Zacks Consensus Estimate for current-year earnings has improved 2.2% over the past 60 days. TJX presently has a Zacks Rank #2.
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5 Solid Stocks to Boost Your Portfolio as Retail Sales Continue to Surge

Key Points
Artificial intelligence has been and will continue to be the biggest driving force of the current bull market.
Analysts see upside of more than 25% for each of these ETFs over the next 12 months.
These Vanguard funds have low expense ratios.
Even after an incredible bull market run for the last 45 months, analysts still expect the S&P 500 index to keep climbing through 2026 and beyond. One of the biggest drivers of the current cycle has been artificial intelligence (AI), and analysts expect AI stocks to continue delivering phenomenal results for at least the next year, if not longer. A natural fit for most AI stocks is the tech sector, but a couple of other sectors could perform even better, based on analysts' estimates.
Investors looking to outperform could buy simple, low-cost exchange-traded funds (ETFs) from Vanguard, concentrating their portfolios in sectors most likely to outperform, according to Wall Street. Here are two to buy -- and what investors need to know about each.
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1. The Vanguard Communication Services ETF
Communication and media companies are expected to produce better returns for investors over the next 12 months than any other sector. The bottom-up price target for the sector, which aggregates individual stock price targets from each component of the sector index, was 32.4% higher than its level as of the end of June, according to data from FactSet Insight. The Vanguard Communication Services ETF (NYSEMKT: VOX) provides exposure to the sector with an expense ratio of just 0.09%, making it an effective way to invest in top communications companies.
When investors think of communication and media companies, they probably think of the top telecom and broadcast networks in the U.S. Sure enough, they have significant representation in the top 10 holdings of the fund. But two companies completely dominate the ETF, and that might surprise investors: Meta Platforms and Alphabet. Here are the top 10 holdings in the Vanguard fund:
Meta Platforms
Alphabet (Class A)
Alphabet (Class C)
Verizon
Disney
AT&T
Netflix
Comcast
T-Mobile
Warner Bros. Discovery
Meta and Alphabet account for roughly 44% of the portfolio. The two companies were reclassified from technology to communications stocks in 2018 when the sector was expanded and overhauled to include media companies as well. It makes sense, too. In the age of digital communications, Meta and Alphabet play extremely important roles.
However, that means the Vanguard Communication Services ETF is still very much an AI play. Meta and Alphabet are investing tens of billions of dollars every year to build computing capacity and develop leading-edge large language models. They also use their models in their own products, improving their advertising platforms.
Both are seeing strong momentum in their core digital advertising businesses. Alphabet's cloud platform is seeing solid revenue acceleration, and Meta could start selling access to its data centers in the future, providing a significant ancillary revenue source. While there are many great stocks in the ETF, investors should understand that the concentration in two companies is driving analysts' sector expectations.
2. The Vanguard Consumer Discretionary ETF
The consumer discretionary sector is full of companies that benefit when people are in a spending mood: retailers, travel companies, and automakers, among others. Despite consumer sentiment currently sitting near historical lows and inflation continuously weighing on spending power, analysts still expect strong results from the sector.
Investors can buy the Vanguard Consumer Discretionary ETF (NYSEMKT: VCR) to add the sector to their portfolio. It also charges just 0.09% of assets under management, making it one of the most cost-effective ways to add exposure to a segment poised to outperform, according to analysts.
Again, the index is concentrated in its top two holdings, but it contains several fantastic stocks to round out the top 10.
Amazon
Tesla
Home Depot
McDonald's
TJX Companies
Booking Holdings
Lowe's
Starbucks
Marriott
General Motors
Amazon and Tesla combine to account for nearly 40% of the fund -- AI is inescapable, since both companies present different ways to invest in the tech trend.
Amazon is the largest online retailer in the world, putting it firmly in the consumer discretionary sector. However, it's also the leading cloud computing company, and that's currently driving the stock price. Management is investing about $200 billion this year in building new data centers to serve its customers, and it holds a backlog of contracted revenue to support that huge construction. That should ensure it produces a strong return on its invested capital over the long run.
Tesla is investing heavily in developing AI for its robotaxi and humanoid robotics plans. An AI breakthrough in autonomous vehicles could allow it to scale up a robotaxi business extremely quickly, enabling existing Tesla vehicle owners to put their cars into the fleet. The potential for humanoid robots to replace human labor in some sectors could drive significant revenue potential. These are big bets, however, and there's significant risk in investing in the company.
If consumer sentiment improves, it could reduce the concentration of Amazon and Tesla in the ETF, but for now, the two are driving sector expectations.
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Adam Levy has positions in Alphabet, Amazon, Booking Holdings, Meta Platforms, Netflix, and Walt Disney. The Motley Fool has positions in and recommends Alphabet, Amazon, Booking Holdings, Home Depot, Meta Platforms, Netflix, Starbucks, TJX Companies, Tesla, Walt Disney, and Warner Bros. Discovery. The Motley Fool recommends Comcast, General Motors, Lowe's Companies, Marriott International, T-Mobile US, and Verizon Communications and recommends the following options: long January 2028 $320 calls on McDonald's and short January 2028 $340 calls on McDonald's. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

2 Vanguard ETFs to Buy Now to Outperform the S&P 500, According to Wall Street Analysts

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio MSCI Global Stock Market ETF (Symbol: SPGM) where we have detected an approximate $163.0 million dollar outflow -- that's a 8.6% decrease week over week (from 22,100,000 to 20,200,000). Among the largest underlying components of SPGM, in trading today TJX Companies (Symbol: TJX) is up about 2.4%, BlackRock New York Municipal Income Trust (Symbol: BNY) is off about 1.2%, and Chubb Ltd (Symbol: CB) is higher by about 1.2%. For a complete list of holdings, visit the SPGM Holdings page » The chart below shows the one year price performance of SPGM, versus its 200 day moving average:
Looking at the chart above, SPGM's low point in its 52 week range is $68.86 per share, with $86.84 as the 52 week high point — that compares with a last trade of $85.42. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Further SPGM Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

SPGM, TJX, BNY, CB: ETF Outflow Alert

Walmart Inc. WMT continues to strengthen its competitive position by expanding the value of its membership ecosystem beyond traditional retail. Instead of relying solely on low prices, the company is increasingly adding services to encourage members to engage more frequently across shopping, healthcare and digital offerings. Sam's Club's new collaboration with Weight Watchers is the latest example of this strategy.
Under the initiative, Sam's Club Plus members are eligible for a complimentary three-month Weight Watchers Core membership, while all members can access discounted pricing on additional wellness programs focused on nutrition, weight management and clinical support. The offering also complements Sam's Club's existing pharmacy services, prescription savings, healthy food offerings and prescription delivery capabilities, creating a more integrated wellness experience.
The collaboration is consistent with Walmart's broader focus on growing membership-based revenues and strengthening customer loyalty. Enterprise membership fee revenue increased more than 17% in the first quarter of fiscal 2027, while Sam's Club U.S. membership revenue rose 5.6%. Members are also making greater use of delivery, fuel savings and digital services, suggesting that expanding the range of membership benefits may encourage higher engagement and reinforce renewal rates over time.
While the partnership is unlikely to have a material impact on Walmart's near-term financial performance, it highlights the Zacks Rank #3 (Hold) company's efforts to make membership more valuable through services that extend beyond retail purchases. By integrating wellness support with grocery, pharmacy and digital offerings, Sam's Club is building a broader value proposition for its members.
If the initiative drives stronger engagement and more frequent use of membership benefits, it could further support Walmart's long-term strategy of expanding recurring, higher-margin revenue streams while reinforcing Sam's Club's competitive position in the warehouse club industry.
WMT Stock Price Performance, Valuation & Estimates
Shares of WMT have risen 18.1% over the past year compared with the industry’s growth of 17.3%.
WMT Price Performance Versus Industry
From a valuation standpoint, WMT trades at a forward price-to-earnings ratio of 36.71, higher than the industry’s average of 33.76.
WMT Valuation Compared to Industry
The Zacks Consensus Estimate for WMT’s current and next fiscal year earnings per share implies year-over-year growth of 9.5% and 13.3%, respectively.
Stocks to Consider
Ross Stores, Inc. ROST, a leading U.S. off-price retailer operating Ross Dress for Less and dd's DISCOUNTS stores, sports a Zacks Rank #1 (Strong Buy) at present. ROST delivered a trailing four-quarter earnings surprise of 10.2%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The consensus estimate for Ross Stores’ current fiscal-year sales and earnings suggests growth of 9.1% and 17.1%, respectively, from the year-ago figures.
Dollar Tree, Inc. DLTR a leading value retailer that operates thousands of discount stores, currently carries a Zacks Rank #2 (Buy). DLTR delivered a trailing four-quarter earnings surprise of 32.1%, on average.
The Zacks Consensus Estimate for Dollar Tree’s current fiscal-year sales and earnings suggests growth of 6.5% and 21.7%, respectively, from the year-ago figures.
The TJX Companies, Inc. TJX, a major off-price apparel and home fashions retailer, currently carries a Zacks Rank #2 at present.
The Zacks Consensus Estimate for The TJX Companies’ current fiscal-year sales indicates growth of nearly 5.9%, and estimates for earnings suggest a 9.3% increase from the year-ago figure. TJX delivered a trailing four-quarter earnings surprise of 8.8%, on average.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Can Walmart's Sam's Club Wellness Push Deepen Member Loyalty?

Thursday, July 9, 2026
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), KLA Corp. (KLAC) and Western Digital Corp. (WDC), as well as a micro-cap stock, Optex Systems Holdings, Inc (OPXS). These research reports have been hand-picked from roughly 70 reports published by our analyst team today.
You can see all of today’s research reports here >>>
Ahead of Wall Street
The daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens, attempting to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each morning.
You can read today's AWS here >>> Jobless Claims Steady, PEP Q2 Earnings: Pre-Markets Higher
Today's Featured Research Reports
Apple’s shares have underperformed the Zacks Computer - Micro Computers industry over the last six months (+20.4% vs. +24.0%). Per the Zacks analyst, supply constraints, higher component costs and an uncertain tariff environment could pressure product availability and margins. Regulatory scrutiny, App Store disputes and antitrust challenges also remain key overhangs, supporting a balanced outlook.
Yet, strong demand for the latest iPhone lineup, expanding Services and a growing device ecosystem remain positives. New products, business-focused offerings, and continued shareholder returns through dividends and buybacks could support long-term engagement and the stock.
(You can read the full research report on Apple here >>>)
KLA’s shares have outperformed the Electronics – Miscellaneous Products industry over the last six months (+54.8% vs. +36.4%). The Zacks analyst believes that the company benefits from AI-driven semiconductor investment, strengthening its leadership in process control, advanced packaging and services. Healthy free cash flow supports dividends and share repurchases, while demand trends remain favorable.
However, export controls, tariff uncertainty and customer concentration remain key risks. Gross margin pressure from elevated DRAM-related system costs is also expected to persist, keeping the overall outlook balanced.
(You can read the full research report on KLA here >>>)
Western Digital’s shares have outperformed the Zacks Computer - Storage Devices industry over the past year (+745.8% vs. +455.7%). The Zacks analyst believes that the company is benefiting from AI-driven storage demand, strong cloud spending and favorable pricing. Higher-capacity drives, technology advances and improved operating efficiency support margins, while a stronger balance sheet enhances financial flexibility.
Yet, intense competition and customer concentration remain key risks. These factors could pressure growth and profitability despite favorable demand trends.
(You can read the full research report on Western Digital here >>>)
Optex Systems’ shares have underperformed the Zacks Aerospace - Defense Equipment industry over the past year (+6.1% vs. +20.2%). The Zacks analyst believes that gross margin and operating income have come under pressure from an unfavorable sales mix and higher administrative costs. Backlog has softened, particularly in periscopes and laser filters, creating some near-term uncertainty.
However, Optex Systems is benefiting from improving demand, supported by strong order growth and multi-year contract wins that enhance production visibility. Solid liquidity, expanding optical assemblies demand and attractive valuation relative to peers add to its appeal.
(You can read the full research report on Optex Systems here >>>)
Other noteworthy reports we are featuring today include The TJX Companies, Inc. (TJX), Waste Management, Inc. (WM) and ONEOK, Inc. (OKE).
Mark Vickery
Senior Editor
Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>
Today's Must Read
Featured Reports
Insmed (INSM) Rides on Sales Uptake for Bronchiectasis Drug
The Zacks Analyst believes the demand for Insmed's Brinsupri, the first treatment for non-CF bronchiectasis, is strong. The drug is expected to achieve blockbuster status in 2026.
Midstream Assets & Higher Fee-Based Earnings Aid ONEOK (OKE)
Per the Zacks analyst, ONEOK is set to benefit from fee-based earnings and midstream assets located in productive regions. Investments made to expand pipelines will drive its performance.
Pricing & Cost Control Aids WM's Profit Amid Low Liquidity
Per the Zacks analyst, WM's prudent pricing and cost management strategy is a cornerstone to maintaining robust profit margins. Low liquidity is concerning.
The TJX Companies (TJX) Rides High on Solid Comparable Sales Momentum
Per the Zacks analyst, TJX Company's comparable sales are benefiting from a higher average basket and a rise in customer transactions. Comparable sales grew across all divisions in the first quarter.
Senior Housing Demand to Aid Ventas Realty (VTR) Amid High Competition
Per the Zacks analyst, Ventas gains from senior housing demand and higher occupancy, aiding NOI. Investments and balance sheet strength support growth, though competition and high debt remain risks.
Accelerant (ARX) Gains From SME Focus Amid High Competition
The Zacks analyst believes Accelerant's focus on underserved SMEs supports disciplined underwriting. However, intense competition remains a headwind.
Resmed (RMD) Thrives on Mask Innovation, Macro Woes Pose Worry
The Zacks analyst is impressed with Resmed's consistent mask portfolio growth, with strong adoption of new innovations like AirTouch N30i and F30i Comfort. Macroeconomic pressures may limit growth.
New Upgrades
Solid Momentum in Hydraulics Segment Benefits Helios (HLIO)
Per the Zacks analyst, solid traction of Helios' Hydraulics segment, led by strength in the mobile end market and improved distributor inventory levels, will result in momentum to the company.
Northern Trust (NTRS) Rides on Revenue Growth & Operating Efficiency
Per the Zacks analyst, Northern Trust's rising revenues, driven by higher fee income and net interest income, reflect solid organic growth. Improving operating leverage further supports profitability.
Fiber Investments & Contract Flow Aid Dycom's (DY) Performance
Per the Zacks analyst, Dycom benefits from rising fiber and digital infrastructure investments and continuous contract flow. Also, strategic acquisitions and data center opportunities bode well.
New Downgrades
Drilling Tools (DTI) Faces U.S. Pricing Pressure and Weak Demand
The Zacks analyst believes that Drilling Tools' weak U.S. land activity, ongoing pricing pressure and slow well completions may limit rental demand, weighing on utilization and revenue growth.
European Weakness and Cost Risks Weigh on Century Aluminum (CENX)
Per the Zacks analyst, Century Aluminum faces weak European demand, volatile energy and raw-material costs, and mounting execution risks from capital-intensive expansion, threatening margins.
General Mills' (GIS) Margins Troubled by Input Cost Inflation
Per the Zacks analyst, General Mills is battling input cost inflation, with the adjusted gross margin down 100 bps in fiscal 2026. For fiscal 2027, management expects input cost inflation of 4-5%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Top Stock Reports for Apple, KLA Corp. & Western Digital

For Immediate Release
Chicago, IL – July 9, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: The TJX Companies, Inc. TJX, Costco Wholesale Corp. COST and Walmart Inc. WMT.
Here are highlights from Wednesday’s Analyst Blog:
3 Blue-Chip Retail Stocks to Trust as Volatility Favors Quality
With the U.S. stock market navigating turbulent tides, investors are increasingly prioritizing quality over speculation. Concerns about tariffs, Middle East tensions, interest-rate expectations, consumer spending trends and stretched valuations in some pockets of the market have kept volatility alive, prompting many investors to seek companies with durable business models, omnichannel scale, strong balance sheets and consistent earnings power.
While high-growth stocks can deliver outsized returns, they also tend to be more sensitive to changing economic conditions and shifts in investor sentiment. In the current environment, building a resilient portfolio means balancing growth opportunities with established businesses that have demonstrated an ability to perform across economic cycles.
Blue-chip retailers fit that profile well. Companies with strong brands, pricing power, disciplined capital allocation and healthy cash generation are often better positioned to navigate inflationary pressures, supply-chain disruptions and evolving consumer preferences while continuing to invest for long-term growth.
Against this backdrop, industry leaders such as The TJX Companies, Inc., Costco Wholesale Corp. and Walmart Inc. stand out as compelling long-term investments. Their scale, operational efficiency and proven track records of delivering value to customers and shareholders make them well equipped to withstand market volatility while benefiting from long-term trends in U.S. retail spending.
Strategic investments in store refreshes, international expansion and merchandising capabilities, combined with disciplined capital allocation and a flexible operating model, reinforce its competitive position. With significant runway for market share gains, a growing global footprint and a resilient business model built to adapt across economic cycles, TJX appears well-positioned to deliver sustained long-term growth and shareholder value.
As of yesterday’s session, TJX’s market capitalization stood at $170.2 billion. The company pays out a quarterly dividend of 48 cents ($1.92 annualized) per share. TJX’s payout ratio is 34, with a five-year dividend growth rate of 12.5%. (Check TJX’s dividend history here)
The Zacks Consensus Estimate for TJX Companies’ current financial-year sales and EPS implies growth of 5.9% and 9.3%, respectively, from the year-ago period’s actuals. For the next fiscal year, the consensus estimate indicates a 5.5% rise in sales and 9.7% growth in earnings. This Zacks Rank #2 (Buy) company has a trailing four-quarter earnings surprise of 8.8%, on average. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Costco: Membership Model and Innovation Drive Growth
Costco continues to reinforce its competitive advantage through its highly loyal membership model, differentiated value proposition and disciplined merchandising strategy. The company is expanding its digital capabilities, enhancing the member experience with AI-powered initiatives, personalization and convenience-focused services, while continuing to strengthen its Kirkland Signature portfolio and global warehouse footprint.
Strategic investments in technology, real estate and operational efficiency position Costco to deepen customer engagement and capture additional market share across existing and new markets. With its membership flywheel, value-driven merchandising and expanding digital reach, Costco has a solid foundation to keep compounding growth over the long run.
Costco has a market capitalization of $420.2 billion. The company pays out a quarterly dividend of $1.47 per share ($5.88 annualized). COST’s payout ratio is 30, with a five-year dividend growth rate of 13.4%.
The Zacks Consensus Estimate for Costco’s current financial-year sales and earnings per share implies year-over-year growth of 9.5% and 13.3%, respectively. For the next fiscal year, the consensus estimate indicates a 7.9% rise in sales and 10.2% growth in earnings. This Zacks Rank #3 (Hold) company has a trailing four-quarter earnings surprise of 1%, on average.
Walmart: Omnichannel Acceleration Boosts Market Share
Walmart continues to strengthen its competitive position through its integrated omnichannel model, combining broad merchandise selection, faster delivery capabilities and growing digital engagement to capture market share across income groups. The company is also expanding higher-margin businesses, including advertising, marketplace and membership, while leveraging AI, automation and supply-chain investments to improve productivity and customer experience.
These strategic initiatives, supported by disciplined execution and a resilient business model, reinforce Walmart's ability to generate durable growth while adapting to evolving consumer preferences. With its expanding ecosystem and ongoing innovation, Walmart appears well-positioned to sustain long-term growth.
Walmart has a market capitalization of $887.6 billion. The company pays out a quarterly dividend of about 24.75 cents per share (99 cents annualized). WMT’s payout ratio is 37, with a five-year dividend growth rate of 6.7%.
The Zacks Consensus Estimate for Walmart’s current financial-year sales and earnings per share implies year-over-year growth of 5.2% and 9.5%, respectively. For the next fiscal year, the consensus estimate indicates a 4.5% rise in sales and 13.3% growth in earnings. This Zacks Rank #3 company has delivered positive earnings surprises in each of the last three quarters.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Radical New Technology Could Hand Investors Huge Gains
Quantum Computing is the next technological revolution, and it could be even more advanced than AI.
While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.
Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.
Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.
See Top Quantum Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.