Macy's, Inc. (M)
The Company is a retail organization operating retail stores that sell a range of merchandise, including men's, women's and children's apparel and accessories, cosmetics, home furnishings and other consumer goods.
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stable, good products...
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GOOD STORE
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I think that Macy's has been through worse. It is known for being cheap. As an unrelated side note: Who could bear to take away the Macy's Thanksgiving Day Parade?
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I got in this stock at about $9.70. Macy's is paying down their debt early, have a strong retail presence, and continue to surprise analysts.
This stock has huge upside potential - Price to sales of 0.22x.
The company is not at risk of bankruptcy, as they cut their dividend specifically to pay down their debt.
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a good clothing store
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Long time company.... the economy is going to turn around soon and people will be buying agian. even in the bad economy Macy's is still packed
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I recently had a 40th Birthday party for my wife. We asked the guests not to bring gifts but if they felt compelled to, don't bring a boxed gift (I.e cash or gift card would be more appropriate).
We received around 12 gift cards, 9 of which was from Macy's. We had indicated no preference for any specific gift card while the natural tendency was for Macy's. It seems that they in these times of retailers closing doors, the old stallwart Macy's is getting the bulk of the mind share from consumers.
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I've always felt Macy's (M) has been well structured from top to bottom. I usually feel more comfortable purchashing stocks from companies I can actually watch (literally drive by and see the customer traffic). After Macy's filed bankruptcy in 1992, they know what it takes to pull this through these tought times. It has risen nearly four dollars/share in the past month. It has definitely helped strengthen my portfolio.
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P/E of 3!!!!!!!!got to be a ig steal for the coming yr positive earnings will continue
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What do you think - Macy's? Going to bounce back? Strong name and with the economy, heck this one could drop in the short term. What a buy here though (9.41). And Christmas coming up.
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wiil turn.......good value at this point.
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Get this at a bargain. Run-up to christmas is starting late this year.
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There will multiple opportunities for niche markets and the efforts to get exclusive deals with other stores and vendors is beginning to payoff. Also, once the economy improves many will have Target and Wal-Mart fatigue and be looking for a flight to quality. Macy and Nordstrom both will capitalize on this phenomenon. Look for the stock to take off in early 2009 as integration is completed.
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Selling below book value.
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Long term Macy's would be a good buy. Why? Because the American consumer will rebound someday. I wouldn't jump in just yet with cash.
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Bringing in some star power downsizing an realigning their approach in operations nationwide puts Macy's in a spot to hold on and once again regain their upper crust authority. Their marketing audience is typically a little more insulated from economic change.
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I was planning to short macy's, but when I looked at the low p/e, high EPS, low PEG, 11B market cap, and historically low share price, I realized I really had to say outperform over the long term. A recession can't last forever, and I'd venture a guess that this stock is worth about 30+/share.
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Macy's is making some needed changes to their floor layout. Small but right, this will help them to continue to stay in tune with their customers and provide them with what they want most. The boutique feels of a specialty retailer with the convenience, value and service of a department store.
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Testing out a portfolio of stocks rated outperform that are characterized by having one letter ticker symbols.

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