Out Fox The $treet

  Macy's has a buyout bid of $24 per share, up from the original offer of $21. The real estate value of Macy's is estimated to be worth double the current stock price. Macy's plans to focus on luxury stores and close underperforming locations while expanding the Bluemercury beauty brand. Macy's stock only trades at 7x EPS targets that appear conservative. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » The retail sector has faced a tough time since the economy reopened after Covid shutdowns, which led to consumers turning attention towards experiences and travel.  Macy's  ( NYSE: M ) still reported solid results in 2023, and along with a  potential buyout bid, the stock should trade much higher. My  investment thesis  remains Bullish on the stock, even after the large bounce off the 2023 lows. Read the full article on Seeking Alpha.  Disclosure: Lo...

  Macy's got a surprise analyst price target of $50, 100% above the previous stock price. The department store retailer has long had valuable real estate with the latest estimate at $7 billion, an amount nearly matching the current stock valuation. The stock is easily worth $50 based on just 10x EPS targets. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » In a shocking move, Evercore ISI raised the price target on  Macy's  ( M ) to $50. Similar to recent moves in  Kohl's  ( KSS ), the department store retailer is a major play on improving retail sales and a massive undervalued real estate play. My  investment thesis  remains very Bullish on Macy's as the company quits donating market share in the retail sector and can now focus on monetizing valuable real estate. Read the full article on Seeking Alpha.  Disclosure: Long M. Please review the disclaimer page for more detai...

In the midst of the retail wreck today, lets not forget that Kohl's (KSS) raised guidance for the year. The retailer now expects to earn $5.53 per share. The stock is down an incredible 9% to $63 on the guide up.

The top 10 net payout yields had a sizable loss that failed to match the small gain in the benchmark for April. The top 10 net payout yield stocks average yields of 18.1% to start May. American Airlines took over the lead with the highest yield at 27.0%. This article is a continuation of a monthly series, highlighting the top net payout yield (NYSE: NPY ) stocks, that was started back in June 2012 (see  article ) and explained in August 2012 (see  article ). The series highlights the best stocks for the upcoming month utilized in part to make investment decisions for the  Covestor model  that is now beating the S&P 500 for five out of the last six years. Please review the original articles for more information on the NPY concept. Read there full article on Seeking Alpha.   Disclosure: Long AAL, AMP, M, MSI, NTAP, QCOM. Please read the disclaimer page for more details.

Macy's easily surpassed reduced Q4 results due to a snapback in sales from cold weather in January. Even after the recent rally, the stock trades far below the intrinsic value of the real estate assets and a profitable retail operation. With several catalysts in 2016 and beyond such as the new store concepts and capital returns, the stock is a core position in a value portfolio. The  final Q4 results  for  Macy's (NYSE: M )  indicates that weather truly impacted the apparel business over the holidays. The limited cold weather in the prime Northeast stores prior to the holidays was highly harmful to results.  Read the full article on Seeing Alpha.  Disclosure: Long M. Please read the disclaimer page for more details.

The top 10 net payout yields had a larger loss than the benchmark index in January. . The top 10 net payout yield stocks average yields of 20.8% to start February. . Motorola Solutions continues to hold the highest yields at 38.6%. . This article is a continuation of a monthly series, highlighting the top net payout yield (NPY) stocks, that was started back in June 2012 (see  article ) and explained in August 2012 (see  article ). The series highlights the best stocks for the upcoming month utilized in part to make investment decisions for the  Covestor model  that is now beating the S&P 500 for five out of the last six years. Please review the original articles for more information on the NPY concept.  Read the full article on Seeking Alpha.  Disclosure: Long AAL, AIG, BBY, CBS, CTL, GM, KSS, M, MSI, NTAP, QCOM. Please read the disclaimer page for more details.

The top 10 net payout yields had a larger loss than the benchmark index in December. The top 10 net payout yield stocks average yields of 19.2% to start January. Motorola Solutions continues to hold the highest yield at 37.6%. This article is a continuation of a monthly series, highlighting the top net payout yield (NPY) stocks, that was started back in June 2012 (see article ) and explained in August 2012 (see article ). The series highlights the best stocks for the upcoming month utilized in part to make investment decisions for the Covestor model that has beaten the S&P 500 for four out of the last five years. Please review the original articles for more information on the NPY concept. Read the full article on Seeking Alpha.  Disclosure: Long AAL, GM, KSS, M, MSI, NTAP, QCOM. 

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. 

Summary The slump in oil prices favors top notch retailers. Zulily has a unique online model leading to fast growth. The large stock declines in Zulily makes the stock cheap now that the retail sector has tailwinds. Citigroup estimates that the recent slump in oil prices provides the world with a savings of $1.8 billion a day. Assuming oil prices stay low for several months at least, consumer spending should start swaying towards discretionary spending at retailers. Sure some consumers will use savings to buy the latest tech gadget, but a large portion of society will use it to restore a depleted wardrobe. Read the full article at Seeking Alpha. Disclosure: No position mentioned. Please review the disclaimer page for more details. 

The debate continues to rage, usually to the extremes, of whether Sears Holdings (SHLD) has no value or enormous value due to a vast array of undervalued assets. For example, the owned real estate is mostly valued at cost and not current market values leaving a wide debate on the proper valuations. See my past articles on these subjects here. The company operates as a specialty retailer in the U.S. and Canada. It operates under the Kmart and Sears segments with major brands such as Kenmore, Craftsman, DieHard, Joe Boxer, Lands End, and Jaclyn Smith. This will be the first part of a series intended at discussing the recent Q2 earnings announcement, followed by the Bruce Berkowitz case study, and finally a review of the pending spin offs. Read the full article at Seeking Alpha. Disclosure: Long SHLD, GPS, and KSS. Please review the disclaimer page fore more details. 

After recently  writing  about how some of the new media companies had failed to embrace new business models, along came my initial introduction to shopkick. Last week, shopkick  announced  that it has signed up  Target ( TGT )  as the largest retailer to use the service. My issue with some of the new media companies is that the revenue source remains very old media since a large salesforce is needed to attract advertiser dollars. Shopkick is an interesting app for the iPhone and Android phones that makes shopping more delightful. Users are rewarded with points known as "kicks" for walking into stores or scanning products. These kicks can be redeemed for gift cards,  Facebook ( FB )  credits, iTunes downloads, or donated to charity. Guests can also receive special in-store deals including coupons and discounts. Brand Awareness After trying the app at the local Target store, it struck me that no better advertising tool existed for brand pro...