Friday, November 13, 2015

Seeing Opportunity In The Disaster At Macy's

  • Macy's trades at multi-year lows following weak holiday guidance and other strategic decisions that disappointed investors.
  • The stock offers surging yields with a huge stock buyback plan.
  • The highly profitable department store offers a compelling investment after the recent disaster.


It is rare for a stock with a market cap in excess of $15 billion to lose 14% in one day. Macy's (NYSE:M) managed to accomplish that on Monday, following a huge guide down for the seasonally important Q4. The department store operator provided two key data points that disappointed investors and traders alike.         

Read the full article on Seeking Alpha. 


Disclosure: No position mentioned. Please review the disclaimer page for more details. 



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