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T.J. Maxx parent TJX took tumble, stock still a buy, Barron’s says

There were few places to hide during Monday’s brutal selloff, as companies across industries fell on broad-based fears. That nearly indiscriminate pain meant that some stocks were unfairly punished. TJX Cos. was one of them, Teresa Rivas writes in this week’s edition of Barron’s. TJX’s decline looks like an overreaction, the author says. The company has long been a market-share gainer in retail, and does particularly well in times of economic turmoil, given its value focus.

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