NYSE:MMultiline Retail
Is It Too Late To Consider Macy's (M) After Its 99% One Year Surge?
Considering whether Macy's at around US$23.16 still offers value, or if most of the opportunity is already reflected in the price.
The stock has returned 6.2% over the past week, 23.9% over the last month, 1.8% year to date, and 99.2% over the past year. These figures may influence how you think about both upside and risk.
Recent headlines have focused on Macy's as a turnaround story and on investor interest in potential changes to its store footprint and real estate usage. There has also...