In this edition of "Talking Stocks," Brendan Byrnes and Austin Smith cover all of the topics across the consumer-goods universe today, including:

  • Micahel Kors' red-hot earnings.
  • Wal-Mart's march toward global dominance.
  • A surprisingly stronger U.S. retail environment.
  • One great company at a fair price.

If you're looking for something different, then you should check out our new free report "The Motley Fool's Top Stock for 2012." In it, our chief investment officer identifies his favorite company for the year. To access the report before the rest of the market catches on, click here -- it's absolutely free.