Prev Close | 15.84 |
Day Low/High | 16.75 / 22.30 |
52 Wk Low/High | 4.38 / 17.67 |
Prev Close | 15.84 |
Day Low/High | 16.75 / 22.30 |
52 Wk Low/High | 4.38 / 17.67 |
Exchange | NYSE |
Shares Outstanding | 310.48B |
Market Cap | 4.92B |
P/E Ratio | N/A |
Div & Yield | N.A. (N.A) |
Don't know if it's true, but high above the Alps my Gnome is hearing that Macy's may be considering monetizing some of their real estate assets. The shares are flying, trading near $40 (+$3) - I recently added. Macy's was put on my Best Ideas List o...
With about two hours to go in the trading session, stocks remain elevated. Bonds are +4 basis points in yield, energy prices are weaker (crude down by a beaner). Gold -$2, copper + but agricultural commodities are taking a licking (wheat -17, corn -...
All of what happened this week has had quite the impact on Treasury prices, US dollar valuations, and commodity prices.
Some caution is warranted with Macy's as retail stocks are seeing gaps both up and down,
One by one, in what is a very short period of time, Dick's checked off every single box needed to stymie Amazon from crushing it.
Late yesterday I had some positive words for retail stocks: The one invest-able area that is an immediate beneficiary of Italy's debt crisis is the retail space -- as the second order impact is to result in lower inflation, reduced interest rates an...
The one invest-able area that is an immediate beneficiary of Italy's debt crisis is the retail space -- as the second order impact is to result in lower inflation, reduced interest rates and an improvement in disposable real income. These factors wi...
The groups that are winners will stay winners as long as interest rates maintain their downward trajectory.
Your best defense against markets that twist and turn in undesirable ways is to know what you are trying to accomplish.
I am most pleased with my material sales of and recently. Today M is down by 3% in the face of an untimely brokerage upgrade. DDS is down by another -$4 to $76 - and well below this week's last sale of $83. I am not pleased with my short cover of at...
Kohls , which leaped by over +$4 in premarket traders is now -$1.50 as the company reveals that there was a 320 basis point benefit from a friends/family shift. So real comps at the retailer actually missed. This is a lesson to traders - always thor...
The growth driving many U.S. companies shares is disproportionately centered in China.
How to play a period of consolidation in the shares.
I have reduced my Dillard's long to small at $77.70. I am maintaining Macy's and DDS on my Best Ideas List as I would be a buyer of M under $32 and DDS at under $70.
Clearly, there are good things happening in this sector.
I have been steadily raising my holdings - as recently as yesterday. This morning the company beat sales by about $30 million and the bottom line beat by $0.12. I expect DDS shares to flourish today after the beat to expectations - much like Macy's...
Here's why the rally could last.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks investors should be watching the semiconductor space led by Micron Technology and the retail space led by Macy's on Wednesday.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Wednesday's trending stocks from the floor of the New York Stock Exchange.
2018 isn't even half over, but the forward looking nature of markets will soon start factoring in earnings expectations for 2019.
Now at tagends long in Macy's .
Look for collateral moves higher in retail (after the beat) - is my other long.
Moving down to small-sized Macy's long position in light of changing reward vs risk ratio now.
Macy's beats on comp, top and bottom lines. The shares are trading up by +$4 and I am taking my position down (in premarket trading) from large-sized to medium-sized. Macys was put on my Best Ideas List at $19.39 in mid-November, 2017, and I have re...
Do the financials finally get the boost that investors in that space have been waiting on?
Here are a couple of nice long standouts in a sea of red today: Macy's , Box , Wells Fargo and Dillard's (which I have been recently accumulating). On the short side, Apple is beginning to slip -- and, as I mentioned earlier, I had also been adding ...
A couple of upgrades for two of my large longs. JP Morgan raises price target by $3/share to $33 (I added on weakness last week), and KeyBanc Capital goes from $27 to $33 on .
First Boston has reduced its price target on and has downgraded the stock based on the expectation of comp and EPS miss. I have recently added to my KSS short. KSS was placed on my Best Ideas last month (along with ) at $63.38 and is now trading at ...
Today I continued to accumulate shares of retailers (research downgrade) and , and I am still short , and .