TJX Companies' (NYSE: TJX) uptrend has limits, but they have yet to be reached. Accelerating business, dividends, and share buybacks suggest the uptrend will not only continue but may itself accelerate in the second half.
The company decided to increase its share buyback, providing investors with confidence in the company's future business. As of the end of Q1, the company had bought back only 20% of its new fiscal-year 2027 (FY2027) goal, and the share count fell by 1% year-over-year (YOY) and year-to-date. That’s quite a bit of leverage for investors who have other reasons to own this stock.