Macy's Gets Second Chance Amid Bearish Sentiment

Macy's is one stock that deserves a second chance, according to StockStory. Analysts have turned bearish on the department store chain due to sluggish demand and disappointing same-store sales over the past two years.

With a storied history dating back to its 1858 founding, Macy's sells clothing, cosmetics, accessories, and home goods through its stores and online platform. However, its earnings per share have dipped by 17.8% annually over the past three years, which is concerning because stock prices often follow EPS over the long term.

StockStory also advises against holding onto Dine Brands, the parent company of Applebee's and IHOP. The casual restaurant chain has struggled with same-store sales and free cash flow margin dropped by 10.2 percentage points over the last year.