TJX Corporation Higher After Q4 Report

TJX Corporation YJX shares are trading higher by $1.59 at $74.28 in Wednesday's session. The catalyst for the rally is a Q4 EPS beat of a nickel with slightly better sales. Also, the company increased its buyback plan and raised it dividend. In the first minutes of the session it rallied to $73.86 before sliding all the way to $71.74. After regaining its footing, it has rallied back to make a new high for the session at $74.28 and does not appear to slowing down. If the rally continues, there may be some resistance, there may be some resistance at the quad of highs from $74.49-$74.65 on November 3-6.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!