We just wanted to send a quick video and note on our Alpha Trades stock pick of the year for 2021, Macy’s. 

We made this pick in mid-January, and the reason is because we’re getting closer and closer to a back-to-normal environment — past the pandemic. The stock market is a forward-looking mechanism; three, six, nine, 12 to 18 months down the road.

And while the vaccine rollout might be a little bit bumpy, the big money is throwing cash at names that are going to give big returns as we get back to normal. 

And to us, Macy’s Inc. (NYSE: M) is a great play because it has been beaten down so much, falling from $17 a share last year to $4, where it stayed for most of 2020. Then back in November, it had a big gap up… and it’s been moving higher ever since. 

We made it our stock of the year and sent out a trade alert in mid-January, and it retreated a bit before ripping higher. It’s now up over 25% since our  call on a long position, which would be a triple-digit winner in an option play! 

If you look back to 2018, Macy’s was all the way up to $42. If you got in when our alert hit and Macy’s gets back to just half of that 2018 high, you’re in for a big, big win.

Check out our short video and we’ll go into further detail on why Macy’s is our top stock pick for 2021. This is the kind of expertise you get in our Alpha Trades service, so be sure to take a look today!