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Macy's Worth a Look for Bond Shoppers

Given Macy's focus on its balance sheet and improving fundamentals, we think it will continue to generate cash and use it to predominantly favor financial health over growth.

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Jeremy Glaser: For, I'm Jeremy Glaser. Believe it or not, holiday shopping season is almost upon us again and a lot of shoppers may be heading to Macy's, but should investors be looking at their bonds? I am here today with securities analyst Joscelyn MacKay to take a deeper look. Joscelyn, thanks for joining me.

Joscelyn MacKay: Thanks for having me.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.