Reported 1 day ago
Jim Cramer recently highlighted Macy’s, Inc. (NYSE:M) as an example of a company successfully reinventing itself, following a significant 21% stock increase after their latest earnings report. This marked the first growth in same-store sales for Macy's in three years, reflecting positive balance sheet improvements. Cramer expressed optimism about Macy's turnaround, despite noting a preference for AI stocks with potentially higher returns.
Source: YAHOO