Macy's, Inc. (M)

Stock Picks, Featured Profiles, Stock Updates, Stock Information, Intraday Stock Alerts, Daily Stock Analysis

RockingStocks.com Stock Picks

Your browser does not support inline frames or is currently configured not to display inline frames.

December 16, 2008

Rockin' Stock Pick: Macy's, Inc. (M)

Stock Price: $8.15

Macy's, Inc., through its subsidiaries, operates department stores in the United States. Its retail stores sell a range of merchandise, including men's, women's, and children's apparel; and accessories, cosmetics, home furnishings, and other consumer goods.

M has been around so long that they have one of the rare one letter stock symbols. Their brand is one of the most well recognized retail brands in the United States.

Investors finding M now are finding it at a significant bargain. Retail stocks have been sold down significantly, but those in at the bottom are discovering real bargains like M.

M is currently trading significantly below its book value of $23.55. M is trading at a severe discount to book value. M is also in a short-term uptrend after hitting bottom and if it breaks through its 50-day moving average around $9.11, we could see M possibly gain around 50% from its current price.

Disclosure: RockingStocks.com is owned by SpeculatingStocks.com, Inc. SpeculatingStocks.com, Inc. is not a registered investment adviser or broker/dealer. SpeculatingStocks.com, Inc. makes no recommendation that the purchase of securities of companies profiled in this Web site are suitable or advisable for any person or that an investment in such securities will be profitable. Generally, given the nature of the companies profiled and the possible lack of liquidity for their securities, investing in such securities is highly speculative and carries a high degree of risk. Never invest based solely on information from this Web site or our email alerts.

DISCLAIMER & RISK DISCLOSURE: RockingStocks.com and SpeculatingStocks.com, Inc. and our affiliates ("our companies") are not registered investment advisers or broker/dealers. Our companies make no commitment that the purchase of securities of companies profiled or otherwise mentioned in our websites are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the possible lack of liquidity for their securities, investing in such securities is highly speculative and carries a high degree of risk. Never invest based solely on information from this Web site or our email alerts. Our RockingStocks.com Newsletter is our free alert email membership. We profile selected companies on our site. These companies compensate SpeculatingStocks.com, Inc. for profile coverage. This compensation can be found in the disclosure on the bottom of the page of profiles. This Disclaimer & Risk Disclosure is also at the bottom of profiles. Specific questions on membership or profiles can be obtained by writing RockingStocks.com at: staff@rockingstocks.com.