Macy’s, Inc. (M): Why This Stock Is Better Than Its Peers

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Foolish takeaway

One thing Macy’s managed to do in the last quarter was steal the show from its peers. With consumer spending in the U.S. getting better, the next few quarters are sure to bring in greater success for the company. The company expects to earn between $3.90 and $3.95 for the full year.

With a P/E of 14.4 times, slightly lower than the industry average of 16.4 times, the stock has some upside potential for now. I’d advise investors to hold on to the stock for now.

The article Why This Stock Is Better Than Its Peers originally appeared on Fool.com and is written by Sonam Chamaria.

Sonam is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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