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.
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