Macy's (M) Stock Could Be A Bargain Despite Legal Risk

Macy's has delivered a powerful share price run in recent years, and that kind of move naturally raises a valuation question for you as a shareholder. The key issue now is whether the cash flows the retailer can generate are strong enough and durable enough to back up where the stock trades today. Over the past 3 years Macy's has returned 140.7%, which puts real weight on the question of whether its current price is fully explained by its underlying cash generation. A new class action over...