Doug Kass shares his views every day on RealMoneyPro. Click here for a real-time look at his insights and musings.

From The Street of Dreams

Originally published at 11:02 a.m. EST on December 4, 2015

Goldman Sachs lowered its rating today on Macy's (M) - Get Report and reduced its price target to $44.

I'm super-busy and haven't had a chance to digest the report yet, but my quick take is that it doesn't impact my constructive view of the stock.

Position: Long M (large)

Adding to Macy's, Potash Longs

Originally published at 2:58 p.m. EST on December 3, 2015

I added further to Macy's at $38.50, which is now a large position, and Potash (POT) at $19.15.

Position: Long M (large), POT

Forget Walmart, I'm Going to Macy's

Originally published at 11:08 a.m. EST on December 3, 2015

I added to my long rental on Walmart(WMT) - Get Report yesterday, but now I'm taking some of it off at $59.35 a share and putting the proceeds into my long of Macy's.

As I've mentioned previously, I wouldn't be surprised if private-equity firms are evaluating the merits of a "go-private" deal for M.

Position: Long M, WMT (small)

At the time of publication, Kass and/or his funds were long M, WMT and POT, although holdings can change at any time.

Doug Kass is the president of Seabreeze Partners Management Inc. Under no circumstances does this information represent a recommendation to buy, sell or hold any security.