Williams-Sonoma Inc. (WSM-N)

They reported a mix quarter with softer sales though improved earnings. Shares jumped last week.

Late-August they reported a strong quarter--margin growth and earnings and didn't touch their earnings forecast. It's maintained those gains is up 24% for the year. Is watching it, because they just delivered a partnership with Salesforce who will provided united data and AI tools. Likes it overall.

She bought into this about a year ago, and sold it a couple of quarters later. When they had those port strikes, the company was struggling with their margins. It is a lot easier to ship boxes of clothing and the supply chain, then it is with furniture. It turned quickly, in terms of the story. They announced new initiatives and a game plan. If there are signals that the story is not playing out, you should cut your losses and get out, which is what she did.

Has done a really good job of building sales on the Internet. As the housing market continues to rebound in the US, this company has a very high-end brand. They get about 50% of sales from e-commerce, and have no debt. It is probably going to be a dogfight over this upcoming holiday season, but at current value, he still thinks it is attractive for the long-term. Dividend yield of 3%. (Analysts’ price target is $49.)

(Top Pick Jun 13/16, Down 5.16%) They had a nasty report for third quarter. They had increased competition from Pottery Barn. They are closing stores and increasing their West Elm furniture stores.