A Value Stock That Also Pays 3.9%

When investors are looking for value, they usually have to check out the not-so-hot tickers in the market. Think about it, if a stock had just soared through the roof, it’s probably not going to be cheap anymore. But sometimes, there are exceptions.

Macy’s Inc (NYSE:M) is one of the top performers of the S&P 500 Index so far in 2018. Year-to-date, the stock surged 53.8%. And if you look a bit further back, you’d see that since bottoming out last November, shares of this Cincinnati, Ohio-based department store company have climbed more than 120%.

Source: Income Investors

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