4 Tweets That Predicted Macy's 17% Rise

Value investing works...

Macy's (M) stock price jumped 17% after reporting earnings this morning that beat analyst estimates. Here are 4 tweets posted on Stocktwits that predicted the price increase.

#Earnings tomorrow: 10 #Stocks w/ #Upside $HIMX $RT $LXFT $EAT $ACRS $M $BABA $KSS $DAR $CPG http://bit.ly/2aNln3a

— finbox.io (@finbox) Aug. 10 at 06:47 PM

Macy's $M #EBITDA #multiples #trading @ discount to $GPS $JWN $KSS b4 #earnings http://bit.ly/2aNln3a

— finbox.io (@finbox) Aug. 10 at 10:16 PM

Macy's $M price / #earnings #multiples #trading @ discount to $GPS $JWN $KSS http://bit.ly/2aNln3a

— finbox.io (@finbox) Aug. 11 at 06:10 AM

Macy's $M almost reaching our #fair #value estimate after #earnings - #finance #valuation http://bit.ly/2aNln3a

— finbox.io (@finbox) Aug. 11 at 10:13 AM

Macy's shares closed Thursday at $39.81 - pretty close to the estimate above.

Finbox.io's pre-built fundamental valuation tools make it easy to figure out a stock's fair value. Once you've figured out the fair value, you can then calculate the potential upside.

Not convinced it works? Check out this article that explains just how effective fundamental investing really is.

Get Started Now!

Follow finbox.io on Stocktwits and get notified on more undervalued investing opportunities.

Comments