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Macy's: A retail sector survivor

 Oct 07, 2009 06:20 PM UTC
Return Risk
+1.63% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
M Positive 10/07/09 -9.85% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

It goes without saying that the era of the frugal consumer and a surplus of store chains has led to challenging conditions for retailers.

However, Macy's will be a survivor after the retail carnage is complete, which is why I'm Reiterating my Buy rating for Macy's Inc. (NYSE: M), first recommended on June 17, 2009 at a price of $11.23. If you bought shares of Macy's then, you're up about a fabulous 67%.

Continue reading Macy's: A retail sector survivor

Macy's: A retail sector survivor originally appeared on BloggingStocks on Wed, 07 Oct 2009 13:20:00 EST. Please see our terms for use of feeds.

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