Philip van Doorn. To follow the writer on Twitter, go to http://twitter.com/PhilipvanDoorn.
The off-price apparel retailer is appealing due to a favorable growth profile, resilience during periods of macroeconomic distress and valuations that do not look overstretched.
Despite improved second quarter results, the risks of investing in Kohl's stock, including margin pressures driven by increased tariffs in the second half of 2019, are still significant.
Walmart's second-quarter performance was a reminder that value can be captured in a generally soft equities market, particularly by playing the high-quality, counter-cyclical card amid macroeconomic worries.
'Be greedy when others are fearful,' Warren Buffett once said. This is particularly true of a high-quality stock like Cisco, dumped on earnings day amid equity market jitters.