3 Stocks Dragging In The Retail Industry
2. As of noon trading, Macy's ( M) is down $0.76 (-1.7%) to $44.64 on average volume. Thus far, 3.1 million shares of Macy's exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $44.46-$45.69 after having opened the day at $45.65 as compared to the previous trading day's close of $45.40. Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Macy's has a market cap of $17.0 billion and is part of the services sector. Shares are up 15.5% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Macy's a buy, no analysts rate it a sell, and 8 rate it a hold. TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, notable return on equity, reasonable valuation levels and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Macy's Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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