Macy's had a good Xmas and that is reflected in the stock price. The jury is out as to how well the year will be, but it isn't looking to good this weekend. Storm will keep people away this weekend in the Northeast.
The jury is out?
Take your head out of the sand! January SSS were up 11.7%. The company just raised its 4Q guidance. Citi just set a price target of $46.
Yes, people will stay at home and ride out the storm, and when the storm is over they will be back out shopping.
The "big lie" technique works for political bloggers, but it isn't a sound approach to investing. Base yuor investment decisoins and recommendation on "truth" not "truthiness."
Claw you nit wit I thought you bailed out of M yesterday