TJX Companies, Inc. (TJX)

TJX Companies, Inc. (TJX)

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TJX Companies Inc Profile

TJX Companies Inc is an American multinational off-price apparel and home fashions retailer headquartered in Massachusetts, the United States. TJX operates T.J. Maxx and Marshalls, HomeGoods, Sierra, Homesense,,, and, in the United States, Winners, HomeSense, and Marshalls in Canada and T.K. In November 2019, TJX purchased a 25% stake in Russian retailer Familia. TJX Companies Inc (TJX.xnys) is listed on the New York Stock Exchange (NYSE) as a constituent of the Standard & Poor’s 500 Index (S&P-500), has an $85.55B (USD) market cap and $38.94B (USD) in revenue. TJX employs over 320,000 people and operates more than 4,500 stores in nine countries, including four e-commerce sites. However, fear over new pandemic measures is expected to boost e-commerce once again in 2021 last quarter.

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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