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 helps investors answer the question: Is Avon a buy today? The company could easily be seen as a lucrative turnaround play, but Austin thinks investors should be looking elsewhere instead and hurry up and wait on this one.

The retail sector is full of industry winners and losers. To learn about a few, we invite you to take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see which retailers are able to consistently outperform and how two cash kings are planning to ride the waves of retail's changing tide. You can access it by clicking here.