BUY
He liked it at $15 and $20, and he still likes it at $23. Good CEO and trades at 5x earnings.
department stores

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BUY
Shares are very cheap now. He likes the CEO.
department stores
BUY
options It's been choppy and rangebound this year. Their cash flow has risen. There was a buyer of 5,000 of the May 26 calls going for $1.25. Very interesting. Macy's has a 10% short interest in it. He sees upside.
department stores
BUY
He's buying Macy's puts. Downside action is expected at the 24 strike. He owns puts.
department stores
BUY
If the Omicron variant does not slow down the economy and the market snaps back, then buy... Delivered a super quarter. When tourists come back to Macy's flagship store, the stock will have a great quarter.
department stores
BUY
Likes it. He loves retail now, because consumers are so strong that it can overcome inventory shortages. There are few promotions/sales happening, so they can sell goods at full price and sends stocks higher.
department stores
BUY

The U.S. reopening trade People will buy business casual again and this will be a huge driver in the apparel space. So, Gap or even Macy's fits the bill. However, to play the US reopening, buy energy stocks.

department stores
COMMENT
They report Tuesday. Share may pop, but today's 14% advance may have stolen that. He expects a slight beat when they report. Macys needs foreign tourists and we're not there yet.
department stores
BUY

The stores and their credit card are good. The only issue is the stock has roared up 36%, but if Kohl's can keep rising, so can Macy's.

department stores
BUY
Will benefit from the recovery trade as vaccines reach the wider population. Marginal retailers will come back, and Macy's tops the list. They put up good numbers last week wit their EBITDA coming out better than planned. This will enjoy a serious lift when people return to shops.
department stores
DON'T BUY
It's stuck between $6-7 and can't break out. They're levered to New York City tourism which is tanking nowadays. Macy's has done a lot to turn around, but it may not work in this environment. It reports Thursday.
department stores
COMMENT
A challenged company now, but you have to believe in both a vaccine to spark a wide recovery and a continued weakening US dollar in order to enter this.
department stores
SELL
Brick and mortar versus e-commerce, and whether brick and mortar has a future. Wind is in the face of traditional retail, and Macy's is the poster boy for this. A dangerous argument that it must be a good buy because it's so cheap compared to the past. Focus on fundamentals. Put your money elsewhere.
department stores
DON'T BUY

It currently yields around 10%. Looks like HBC here with old style retailer. Margins are coming under pressure and value has been hard to turn. Would prefer the Bay because of their real estate than Macy's.

department stores
DON'T BUY
Traditional big box stores have been challenged, and Macys has been one of the better ones in cutting costs and doing online business. But they still face challenges. Monetizing real esteate is a good way to raise money and boost returns, but Hudson's Bay proves that if the underlying business isn't strong, then this strategy won't work. This remains challenging. Be cautious here.
department stores
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Macys Inc. (formerly Federated Department Stores)(M-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Macys Inc. (formerly Federated Department Stores) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Macys Inc. (formerly Federated Department Stores)(M-N) Frequently Asked Questions

What is Macys Inc. (formerly Federated Department Stores) stock symbol?

Macys Inc. (formerly Federated Department Stores) is a American stock, trading under the symbol M-N on the New York Stock Exchange (M). It is usually referred to as NYSE:M or M-N

Is Macys Inc. (formerly Federated Department Stores) a buy or a sell?

In the last year, 4 stock analysts published opinions about M-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Macys Inc. (formerly Federated Department Stores).

Is Macys Inc. (formerly Federated Department Stores) a good investment or a top pick?

Macys Inc. (formerly Federated Department Stores) was recommended as a Top Pick by on . Read the latest stock experts ratings for Macys Inc. (formerly Federated Department Stores).

Why is Macys Inc. (formerly Federated Department Stores) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Macys Inc. (formerly Federated Department Stores) worth watching?

4 stock analysts on Stockchase covered Macys Inc. (formerly Federated Department Stores) In the last year. It is a trending stock that is worth watching.

What is Macys Inc. (formerly Federated Department Stores) stock price?

On 2022-12-02, Macys Inc. (formerly Federated Department Stores) (M-N) stock closed at a price of $23.46.