I do believe I met you on other, more high tech forums.
Glad to meet you again. Essentially, I really like this company,
but am now deciding whether to take the short term gain or hold.
I am actually thinking I will hold on this one, though I most
often trade short-term (thinking being, hey if I can make 1000/wk
why not). TJX really impresses me. What impresses me the most
is that every time I walk by a TJ Maxx I feel like I want to shop
there. In the 80's I wouldn't have dreamed of it -- only Macy's,
Nordstrom's etc. There has been a cultural change that isn't going
away, and I believe off-price retail will continue to benefit.
What better way to profit from this shift than TJX. It is the leader,
and as INTC, MSFT, and IBM are showing us, it doesn't always pay
to bet against the leader. Further, the long term chart is a thing
of beauty. Good luck.
By the way, my other stocks are Computer Data Services, Speedfam,
USRX, Tadiran Telecomm, and Corel. Where I have I met you before?
Michael Burry |
