Noah Raaum

Macy’s Inc.

This one should be obvious. Most every stock in the retail industry (excepting online retail) is a hard pass. Macy’s equivalent, Sears, went out of business in 2018, and the remainder of department stores are hanging by a thread. In 2016, Macy’s announced a plan to close 15% of its stores, and will likely close more in the future. Their presence in the average consumer’s life is shrinking slowly but surely, and their stock will no doubt reflect that. Macy’s Inc. starting plummeting in August and has since lost nearly half of its value. Unless you know something that Wall Street doesn’t, steer clear of Macy’s and their counterparts.

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