Jim Kramer points out that despite a strong quarter, TJX stock will drop

TJX Companies, Inc. (NYSE:TJX) is one of 14 stocks in Jim Kramer’s Radar. During the episode, Cramer was TJX Companies, Inc. I made the following comment about (NYSE: TJX).

“And this isn’t isolated by tech. In retail, there were great names that reported Costco and TJX, but then they haven’t gone up. Wow. They’ve gone down.

A busy retail floor where customers try out apparel and browse products.

TJX Companies, Inc. (NYSE: TJX) is a retailer specializing in off-price apparel and home fashion. The company offers a wide range of products, including clothing, footwear, accessories, furniture, home decorations, and gourmet items. On May 23, Cramer called it the “most undervalued” stock in its charity trust portfolio.

“TJX may be the most undervalued inventory in our entire portfolio. Why? Because there was a huge sale. We’re waiting for a few days now. We’ll probably meet.”

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Read next: Best and worst dowstock for the next 12 months and 10 unstoppable stocks that can double your money.

Disclosure: None.