The iconic retailer doesn't have any of the inventory problems plaguing other brick-and-mortar businesses.
Macy's (M 1.44%) has managed the ups and downs of business following the outbreak of the pandemic. Its discipline has put it in a position to avoid the inventory glut other retailers face.
*Stock prices used were the afternoon prices of Nov. 19, 2022. The video was published on Nov. 21, 2022.
Parkev Tatevosian, CFA has positions in Macy's. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
