The Lipstick Effect

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 19 May 2022

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What's the Lipstick Effect? So glad you asked. (0:25) Maria Gallagher discusses:
- TJX defying the recent trend of retailers struggling
- How TJX can potentially smooth out its results in good economic times
- Why she thinks beauty companies are the best examples of "Lipstick Effect" stocks

Plus we take a call from Bryan in Kansas City and talk about how to evaluate which stocks in your portfolio might be good candidates to add to.

Got a question for the show? Call our hotline: 703-254-1445

Stocks discussed: TJX, HSY, LVMUY, EL, PG, ULTA, UL

Host: Chris Hill
Guests: Maria Gallagher
Producer: Ricky Mulvey
Engineers: Dan Boyd

Transcript

Click on a timestamp to play from that location

0:00.0	Deciding which stocks in your portfolio you should add to is a common dilemma.
0:10.2	We got a couple ideas to help.
0:12.0	Motley Fool Money starts now.
0:15.4	I'm Chris Hill joining me today from the financial capital of the United States of America.
0:27.1	Maria Gallagher.
0:28.1	Thanks for being here.
0:29.1	Thanks for having me.
0:31.1	So the last two days on this show we've talked about retail.
0:36.8	And to a large extent, the way retail appears to be melting down.
0:41.9	It's one thing for unprofitable software company stocks to get hit.
0:46.3	It's another thing to see established large retailers like Target and Walmart get hit
0:53.1	the way they got hit.
0:54.8	You and I were talking earlier today and I think I made a comment like, yeah, it looks
0:58.5	like all of retail is just melting down.
1:01.0	And you said, well, actually, there's TJX, which is a company we rarely talk about on
1:06.7	this show.
1:07.7	But TJX is actually, is it thriving?
1:13.4	Is it an overstatement to say that TJX is thriving right now?
1:17.9	It's doing well.
1:18.9	So their net sales last quarter were 11.4 billion up 13%.
1:23.0	Their Marmax Comp Store sales.
1:24.8	Marmax is a combination of TJ Max, Marshalls and Sierra.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.