Buy Macy’s. Pay upto $31.25

Fitch Rates Macy’s New $350MM Notes ‘BBB’ Outlook Negative

The rating reflects Macy’s size and geographic scope as the largest department store operator in the U.S. with over 850 stores in 45 states, successful private-brand initiative and good cash flow generation. Also considered are challenging sales trends and an aggressive financial strategy.

That sounds kindaa positive !!! Isn’t it?

BUY BUY BUY. It has even more upside after today’s!!!

Now trading at $31.06. There will be some profit taking after that run today. We’ll close just an inch lower than the highs and you get in then. Get in any where around $31 – $31.5. Buy INTO THE CLOSE. Lets get an upgrade. We are trading to0 cheap now.

This is the chart. How appealing is that!!!! Too oversold and a good news and good comments!!! That’s what boosts stocks to upside.

ALL ABOARD.

Good Luck,

Your Adarsh