Why I believe TJX, which reports earnings this week, is a good stock pick

I am not a swing trader. I am 99% of the time an investor (current holdings in VOO, AAPL, UNH, WMT). There is one stock that I have been keeping track of the past few quarters since the average American is living paycheck to paycheck now more than ever… TJX (The TJX Companies, Inc.) is a good stock to pick up and one should consider doing so before Wednesday's earnings.

Here is a link to the Clevelend Research article about TJX being a good pick https://www.nasdaq.com/articles/cleveland-research-upgrades-tjx-companies-tjx

A few things I would add that the article did not cover: The PE and Forward PE of a company was something everyone used to discuss prior to the pandemic. Today people are beginning to realize a high PE is not what it used to be. The entire way companies are run is different. In the 1990s if a company had a high PE it was almost always because of having high debt, not having a good price point on products relative to consumer spending, etc. Today that is all out the window. Even with all of this in mind TJX only has a PE of 26 (Forward PE of 21). This stock is a good long term hold. Added 349 shares to my portfolio.