Macy’s Stock and the Bottom-Fishing Conundrum
Eight months ago, Macy's stock was left for dead. Since then, the stock has more than doubled. And that bodes well for General Electric (GE).
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Eight months ago, Macy's stock was left for dead. Since then, the stock has more than doubled. And that bodes well for General Electric (GE).
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Thanks mostly to Amazon, Macy's stock has been on a downward spiral the last 18 months. A recent credit downgrade should only make things worse.
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