The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith discusses topics across the investing world.
In today's edition, Austin sheds light on one company that he sees making the hard call on one of its former bread-and-butter divisions. He thinks that when it made the hard call to sell a namesake brand, it showed the rare forward focus that so many major companies lack. Despite its crash-landing stock price performance over the last 12 months, moves like this give Austin hope that Liz Claiborne has the gumption to turn this ship around. The graveyard of corporations that tried to ride the success of past brands and products without looking to the future always has room for more. Fortunately, it looks like Liz Claiborne is willing to do what it takes to remain here in the world of living, breathing companies.
Every now and then, we come across a stock that has us so excited we can hardly contain our investing enthusiasm. We've uncovered one such pick with so much promise that we've dubbed it "The Motley Fool's Top Stock for 2012." We've created a special free report for investors to uncover this soon-to-be rock star. The report highlights a company that is revolutionizing commerce in Latin America, and you can get instant access to the name of this company by clicking here to download it now.
At the time thisarticle was published
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.