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Apr 9, 2019 5:21 PM

$M MACY'S RIDICULOUSLY LOW MARKET CAP.  Long

Macy's IncNYSE

Description

Macy's is a institution of retail, and is currently trading at a market cap near 7.9B. What makes Macy's so interesting to us is that their fixed assets are probably near that amount in value, so the stock price has no added value from actual retail sales. the company is becoming more active in the online marketplace which can only add to earnings growth. We thick this is a great value long term stock.
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