September started on a rough note for the U.S. stock market, with certain economic readings showing signs of weakness.
Komp ranks No. 266 among more than 9,000 analysts tracked by TipRanks. His ratings have been profitable 56% of the time, delivering an average return of 15.1%. . The retailer reported upbeat results for the second quarter, as it attracted customers with its enhanced value offerings. Ross Stores raised its full-year earnings guidance to reflect the demand for its discounted offerings and additional efficiencies.
"We believe ROST's valuation discount to TJX is still too wide , which could produce upside to ROST in the near-term," said Kernan.
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