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 talk about one of the rare retail stocks that's consistently outperforming the markets: Macy's. The iconic retailer has a great track record of responsible discounting, recently doubled its dividend, and carries many of the strongest brands out there, including Ralph Lauren. While the retail space can be dicey for investors, this is a great company that should outperform in the long run.

Austin Smith has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.