WalkingTheMarkets

Strong fundamentals

Long
WalkingTheMarkets Updated   
NYSE:MAC   Macerich Company (The)
It's time to catch a knife. This stock has very good fundamentals and is making good money, but has been heavily fudded. It's going to be hit by the Corona, which is why it dropped from $44 52-week high down to $7. It's basically a steal right even if their earnings are cut by a quarter. Because life resuming is difficult to gauge, it's better to buy shares and baghodl in even the virus takes longer to clear up than anticipated.
Comment:
Freaked a bit when we hit $5, but we seem to be ranging in this area. I'm still bullish.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.