Shares of this discount retailer look pricey compared with peers, and customers may trade up as the economy recovers.
Sequoia's David Poppe and Bob Goldfarb make the case for portfolio holdings TJX, Wal-Mart, and Target.
Morningstar markets editor Jeremy Glaser on Gap's no-go logo, banks' foreclosure fumbles, and more.
Traffic should be up this holiday season, but promotional activity will be heightened as consumers continue to demand a good bargain, says Morningstar's R.J. Hottovy.
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