Would you buy this stock to hold for a long time?

would you buy this stock to hold for a long time?

Will macys eventually go bankrupt to like jcp, sears etc?

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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

Buy EROS

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

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?

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.

Macy’s does have good furniture for the price. And offers free shipping on it. I’d recommend.

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?"

Why would you buy into a dying industry when you could invest in technology, ie. the present and the future?

all retail ESPECIALLY macy's was going to go bankrupt eventually

Man, this is just so sad to see (not really).

>would you buy this stock to hold for a long time?
Go Walmart or Target IMO

Are we investing, or are we speculating? Speculation is for degenerates.

His underlying assessment is correct. Just because it might catch a bump due to money printing and retail retardation ala Hertz doesn’t mean it’s not dying

>long term investing in brick and mortar retail

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This is not gambling, i don't know if you understood what a "return to normal" is. This macy's being so low doesn't mean it's worth nothing, also because there are no fundamentals justifying that dip, a part from covid.
You're asking if this is going to make more money than amazon in the next 3 years? Of course not.

We're not talking about hertz, is this macy's failing? No

Of course op do the opposite of what most of biz says and buy this shit stock, they believe that the only stocks worth investing in are the faang, and of course they bought at the ATH.

>retail sales were surprisingly good
>macys only up 5%
lel

No but the trend of brick and mortar going the way of the dodo is undeniable. Quit being a shithead

im not a big fan of buying clothes&shoes online, because you can never be sure they'll fit you right.

ok keep buying amazon stocks at the ATH because you've read on wired about the future of the future

You seem upset friend. I don’t support amazon either mostly because it’s just a vehicle for cheap Chinese shit

Yeah dude totally throw finite non-specific resources at a dying brick and mortar store. What could go wrong?

I'm not, but seriously, tired of "the visionaires" that in the end have the same exact opinion as everyone.
And that's the definition of dumb money.
Not implying that of course this "Macys" whatever is the future, i think as a trader and i don't give a fuck about what's going to happen in 5 years or in the next decade.
What's matter is what happens next week, next month.
And it's a shame missing a dip like that because "muh the future".
This is true about a ton of other undervalued stocks of course.

Fair enough, I tend to be conservative in my investments, ie chickenshit, and miss out on opportunities as a result. Is there money to be made in Macy’s? Of course. Can I predict the vagaries of the market? Sadly no

I didn't invest long term so far, but seriously, have you spotted some very undervalued stock and you're holding it right now? Or are you holding some stock bought because everyone is enthusiast of it? If you're in the first case, good job, if you're in the second, i suggest you to rethink about your strategy

Why do any of you fags buy shit like this? There's dozens of other stocks you could buy that won't feel like Russian roulette

Companies at their ath have a higher chance of bringing you profits than companies dead in the water. Specially when those companies produce the same service that 100s of others do

No, in addition to being chickenshit I’m also stubbornly contrarian, meaning I buy and hold garbage based on my own due diligence instead of just following the herd looking for a greater fool

>buy high sell low

Ok, does it work?