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3 Notable Runners: The TJX Companies, Inc. (TJX), McDonald’s Corporation (MCD), Lowe’s Companies, Inc. (LOW)

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The TJX Companies, Inc. (TJX) continued its upward trend with the stock climbing 1.24% or $0.94 to close the day at $77.05 on higher than average trading volume of 3.67M shares, compared to its three month average trading volume of 3.55M. The Framingham Massachusetts 01701 based company has been underperforming the department stores companies by 4.5882% for last three months and its recent gains have pushed the stock slightly up 2.91% YTD, versus the department stores industry which is down -2.44% for the same period. The RSI of 62.04 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. 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, accent furniture, lamps, rugs, wall décor, decorative accessories, and giftware; seasonal items; jewelry; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. As of July 30, 2016, the company operated a total of 3,675 stores in nine countries, which included the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as through three e-commerce sites. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.

McDonald’s Corporation (MCD) had a light trading with around 3.66M shares changing hands compared to its three month average trading volume of 3.8M. The stock traded between $124.52 and $126.11 before closing at the price of $125.82 with 1.08% change on the day. The Oak Brook Illinois 60523 based company is currently trading 14.93% above its 52 week low of $110.33 and -2.45% below its 52 week high of $131.96. Both the RSI indicator and target price of 71.34 and $131.17 respectively, lead us to believe that it could drop over the coming weeks.

McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages. As of December 31, 2015, it operated 36,525 restaurants, including 30,081 franchised restaurants comprising 21,147 franchised to conventional franchisees, 5,529 licensed to developmental licensees, and 3,405 licensed to foreign affiliates; and 6,444 company-operated restaurants. The company has strategic partnerships with CITIC Limited, CITIC Capital, and The Carlyle Group to expand its business in Mainland China and Hong Kong. McDonald’s Corporation was founded in 1940 and is based in Oak Brook, Illinois.

Lowe’s Companies, Inc. (LOW) traded within a range of $73.11 to $74.04 after opening the day at $73.42. The company has seen its stock increase in value by 4.52% so far this year. The stock was up close to 0.6% on light volume in last trading session and closed at $73.97 per share. After the recent gain, the stock is currently holding -10.32% below its 52 week high of $83.65 and 20.12% above its 12-month low of $64.85. The shares are up by over 9.57% in the last three months, and the RSI indicator value of 58.21 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Lowe’s Companies, Inc. operates as a home improvement retailer. It offers products for home maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, lawn and garden, seasonal living, paint, flooring, millwork, kitchens, outdoor power equipment, and home fashions. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers; and retail customers comprising individual homeowners and renters. As of January 29, 2016, it operated 1,857 home improvement and hardware stores in the United States, Canada, and Mexico. The company also sells its products through online sites comprising Lowes.com, Lowes.ca, and ATGstores.com, as well as through mobile applications. Lowe’s Companies, Inc. was founded in 1946 and is based in Mooresville, North Carolina.

 

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