$Macy's(M)$ 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
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