The first version of this article was published on Aug. 2 in the Seeking Alpha Marketplace service DGI Across North America.
You can find my recent research on TJX Companies (TJX) and Ross Stores(ROST) here and here, respectively.
Introduction
Both stocks have outperformed in the long term but have experienced meaningful dips lately due to a challenging retail environment and the shares were trading at above-normal multiples previously.
A quick look at the companies' comparable store sales growth over the last 10 years gives some indication of their business strength. The stores that have been there for a sufficient length of time (for Ross Stores is at least 14 months) experienced growth even through the last recession.
