Macy's (M) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The retailer had a Q3 on the sales front, but smart investors know that's just a small part of a much bigger story.
Market downturns can be gut-wrenching for traders, but at the same time, they bring a once-in-a-decade opportunity for investors to buy dirt-cheap stocks that can boost their portfolio's returns over the long term. Here's why Macy's (NYSE: M) and Wayfair (NYSE: W) could be great bets heading into the new year. Macy's stock price is up roughly 371% since early April 2020, shortly after the pandemic lockdowns first started to ease.