Stocks to Watch: Wake-up Call for the TJX Companies, Inc. (TJX), Borgwarner Inc. (BWA)

The price of The TJX Companies, Inc. (NYSE:TJX) went up by $0.44 now trading at $52.16. Their shares witnessed a 25.72% increase from the 52-week low price of $41.49 they recorded on 2018-12-24. Even though it is still -8.59% behind the $56.64 high touched on 2018-10-01. The last few days have been rough for the stock, as its price has decreased by -1.01% during the week. It has also performed better over the past three months, as it added around 3.59% while it has so far climbed around 19.29% during the course of a year. The stock of TJX recorded 16.58% uptrend from the beginning of this year till date. The 12-month potential price target for The TJX Companies, Inc. is set at $57.52. This target means that the stock has an upside potential to increase by 10.28% from the current trading price.

132 institutions entered new The TJX Companies, Inc. (NYSE:TJX) positions, 671 added to their existing positions in these shares, 588 lowered their positions, and 78 exited their positions entirely.

The TJX Companies, Inc. (TJX) trade volume has increased by 62.86% as around 8,810,475 shares were sold when compared with its 50-day average volume of traded shares which is 5,409,938. At the moment, TJX is witnessing a downtrend, as it is trading -2.78% below its 20-day SMA, -2.63% below its 50-day SMA, and 1.27% below its 200-day SMA. The company runs an ROE of roughly 58.9%, with financial analysts predicting that their earnings per share growth will be around 9.45% per annum for the next five year. This will be compared to the 10.6% increase witnessed over the past five years.

The first technical resistance point for The TJX Companies, Inc. (NYSE:TJX) will likely come at $52.71, marking a 1.04% premium to the current level. The second resistance point is at $53.25, about 2.05% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $50.61, the lower end of the range. TJX’s 14-day MACD is -0.69 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 40.75, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 19.04 percent, which is high when compared to that of the 50-day’s 15.48 percent.

The shares of BorgWarner Inc. (NYSE:BWA) has increased by 0.45%, and now trading at $35.47 on the Wall Street in the intra-day deal, with their shares traded now around 1,964,570. This is a rise of 299,802 shares over the average 1,664,768 shares that were traded daily over the last three months. The stock that is trading at $35.47 went higher by 9.27% from its 52-week low of $32.46 that it attained back on 2018-12-26. The stock recorded a 52-week high of $52.12 nearly 365 days ago on 2018-05-24.

BWA stock hasn’t performed well over the past 30 days, as it lost -18.55% while its price climbed by 2.1% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -3.22% over the last week. The stock’s 12-month potential target price is now at $47.44. This means that the stock price might likely increase by 33.75% from its current trading price. 11 out of 18 Wall Street analysts which represents 61.11% rated the stock as a buy while the remaining 38.89% rated it as a hold, with 0% of analysts rating it as a sell.

BorgWarner Inc. (NYSE:BWA) has been utilizing an ROE that is roughly 21%, with stock analysts predicting that the company’s EPS for the next five years will go up by 4.47% per year, following the 10.2% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -8.95% below its 20-day SMA, -11.12% below its 50-day SMA, and -11.75% below its 200-day SMA. In percentage terms, the aggregate BorgWarner Inc. shares held by institutional investors is 93.9%. 63 institutions jumped in to acquire BorgWarner Inc. (BWA) fresh stake, 257 added to their current holdings in these shares, 247 lowered their positions, and 53 left no stake in the company.

The stock’s 9-day MACD is -0.42 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 26.68, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 28.82 percent, which is less when compared to that of the 50-day’s 31.89 percent. On the daily chart, we see that the stock could reach the first level of resistance at $35.86, sporting a 1.09% premium to the current level. The next resistance point is at $36.24, representing nearly 2.12% premium to the current market price of BorgWarner Inc. (BWA). On the other hand, failure to breach the immediate hurdles can drag it down to $34.04, the lower end of the range.

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