would you buy this stock to hold for a long time?
Will macys eventually go bankrupt to like jcp, sears etc?
Would you buy this stock to hold for a long time?
Camden Long
Jackson Hall
just looking at the graph, it seems bearish as fuck.
I wouldn't touch it now, before the first sign of an uptrend, which can happen if the current "support drop" bounces up
Kevin Rogers
Buy EROS
Cameron Anderson
No. The targeted the "middle" class where as JCP targeted the "lower middle" class, so Macy's is slightly safer but I still wouldn't touch it. Unlikely to file for bankruptcy in the next year though
Jack Green
Ignore the graph. Ask yourself: is traditional brick and mortar retail going to see growth over the next decade? Is the new generation of shoppers spending a lot of money in the mall? Does Macy's in particular offer anything over other mall anchor retailers, or anything over online retailers?
Daniel Murphy
You have a finite amount of money and there a finite amount of bets so why would you put it into this when there are hundreds and thousands of companies to choose from? Their revenue growth is on a 5 year down trend.
Gabriel Powell
Macy’s does have good furniture for the price. And offers free shipping on it. I’d recommend.
Leo Nelson
this you ask yourself during the normal times, but now it's not normal times.
Right question is "is the macy's actual value right?"
Cameron Johnson
Why would you buy into a dying industry when you could invest in technology, ie. the present and the future?
Joshua Turner
all retail ESPECIALLY macy's was going to go bankrupt eventually