Pitch: Established compounder selling at a market multiple. Leading off-price apparel retailer with 4.7k stores and 25% ROIC. 10% expected growth with unit count projected to increase +30% over the longer term. The business is seemingly immune to AMZN and e-tailer competition.
Valuation: TJX currently trades at 22x 2021 PE.
Exp. gain: Not specified
Full write-up (free guest account required):
https://valueinvestorsclub.com/idea/TJX_COS_INC_THE/2476759846