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On April 23, 2026, Barclays published a sector-wide note assessing U.S. retail performance sensitivity to potential oil price shocks driven by escalating Middle East geopolitical tensions. The firm identified off-price retail leader TJX Companies as one of its highest-conviction defensive holdings,
TJX Companies (TJX) - Named Top Defensive Play in U.S. Discretionary Retail Amid Potential Middle East Oil Shock - Senior Analyst Forecasts
TJX - Stock Analysis
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This feels like something I’d quote incorrectly.
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