Macy's stock has been one of the few bright spots during this downturn. Did you all listen and buy some? While I am super bullish on them once again. I think Wall Street has totally oversold this one. I can see $50 a share this year easily. Collect the near 4% dividend in the mean time. Thanks for reading and good luck investing. Tony
What a great time to start or increase a position in this company! The stock is down 40% from it's yearly high. Broken up the company and it's real estate worth double the current stock price. Buy it and collect the over 4% dividend while you wait for the market to truly value this company. Get opportunities like this don't come around that often. Thanks for reading and good luck investing. Tony
The stock of Macy's (M) is extremely cheap right now! Situations like this rarely come along. The market cap for this company is 11 billion. Crazy thing is the estimated value of all their Real Estate holdings is 21 Billion! Two great things can happen for shareholders. First is they may spin off or sell their real estate holdings and the stock will double. Otherwise the market will realize the stock is super undervalued and the stock will close to double. In the mean time collect the 4% dividend and get paid to wait for great things to happen. Back up the trunk and buy this one now. Thanks for reading and good luck investing. Tony
P.S. - In the name of full disclosure, I do have a small position in this company. I will but much more this week.
I haven't been posting much these days on this BLOG. Have you all taken my advice on Intel (INTC)? If you have I'm sure you are a happy investor! Right now I love the base that AT&T (T) has formed. It's been in the $33 a share range for over a year. I think it's ready for a pop up. Plus the 5.9% that they are about to raise is very attractive. Buy now and be happy when they are in the $40 a share range. Thanks for reading and good luck investing. Tony
Don't know if you all have notices but Intel's stock has held up well during the Stock market correction. Actually it has led a comeback before the broader market. In my eyes this is always a good sign. Buy more now before it gets away from you. Collect the near 4% dividend in the mean time. Thanks for reading and good luck investing.
Intel stock is starting to rise once again. After this correction it's still over 20% lower then it's yearly high. IMHO it's a great time to increase your stake or start a new investment. I will be buying some more this week. Thanks for reading and good luck investing. Tony