Macy’s Inc

M pays a 5% dividend, so you are getting paid to wait.

A really bad earnings report has Macy’s ( ticker M) opening at around 26.50, below the 1998 high, way below the 2007 high and way , way below the all time high made in 2015.

It seems they have too much real estate for the reduced traffic in the age of online shopping.

When the stock shows sign of holding support, I am a buyer.

 

 

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