This Stock Is up 136% in 2021 and Could Go Parabolic in 2022
Brick-and-mortar retailer Macy's (NYSE: M) had an incredible year in 2021. The company bounced back from the devastation caused by the onset of the coronavirus pandemic when it was forced to temporarily shut its doors for in-person shopping.
Its surprising performance and management's strong response despite the ongoing pandemic may have actually turned Macy's into a better business than it was before the outbreak. Investors seemed convinced of this theory and helped Macy's stock elevate by 136% in 2021.
Here's why Macy's stock could go even higher in 2022.
Source Fool.com
