We think the shares are undervalued as the market focuses on the short term.
Near-term demand has weakened, but the jeweler's wide moat is intact.
Competitors' store closures should help Dick's, which we think is undervalued.
We think the current stock price more than compensates for the risks.
With its strong portfolio of brands and potential for growth in Asia, narrow-moat Ralph Lauren may reward long-term investors.
China Volatility and the strong franc are worries, but the Apple threat is distant as new product demand suggests rekindled interest in Swiss watches.
New merchandise from national brands and focus on customers are gaining traction with consumers.
As much as the company impresses us, we think investors have already accounted for strong results.
Coach's fiscal first-quarter sales and earnings reflect an on-track brand relaunch; shares are still below fair value.
Despite short-term headwinds, Swatch Group is well-positioned to outperform its competitors, and LVMH's diversification should steel it against sector downturns.
Dick's has steadily improved returns in a competitive industry.
We see long-term value for Ralph Lauren despite management's reduced outlook.
Many names in the consumer goods sector have the luxury of competitive advantages, and several firms have positive moat trends.
Poised to focus more resources on its own brands and further invest in production technologies, Swatch Group should see margins continuing to expand.
The brand's quality and price should resonate with global consumers, particularly in Europe.
Our view of the brand is only getting more positive, but market expectations outstrip ours.
Premium pricing through branding, marketing, and design provides a wide economic moat.
Although we continue to hold out hope that the no-moat retailer can turn around, we believe that this latest move increases uncertainty and adds additional management distractions at a critical time, says Morningstar’s Paul Swinand.
There could be compelling upside, but it's not without risk.
This sportswear maker is a high performer, but its shares are breaking a sweat.
Later-economic-cycle department stores still have upside despite low growth.