Kczx
08-19

$Macy's(M)$ shares has been inching upwards ahead of earnings. Represents market positive outlook on the upcoming earnings. 

Expect them to meet estimates again to bring stock price to the range of $18-20 in the short term. 

Although there are plenty of other attractive stock options. This stable (& boring) stock option could be a good winner too. 

Interesting to see how the stock will fare heading into 2025, hopefully it will reverse declining revenue trend in 2024 leading to a bounce in share price 

šŸ’° Stocks to watch today?(22 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? šŸŽ Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment