NYSE:MMultiline Retail
Is It Too Late To Consider Macy's (M) After A 63% One Year Surge?
We look at whether Macy's at around US$21.57 still offers value after a strong run, or whether most of the easy gains may already be behind it.
The stock has pulled back with a 9.1% decline over the last 7 days and a 6.7% decline over the last 30 days, while the 1-year return is 63.0% and the 5-year return is 108.3%.
Recent headlines around Macy's have focused on its role as a major US department store and ongoing interest from investors who are watching how traditional retailers are...