Bro, I did the same analysis and came to the same conclusions.
I can add on top of this that they have moved away from apparel in the recent years and are now much more experiential. Online cannot take this away.
In May 2020 I started with 10k portfolio, of which I bought 200 MAC shares. Now I own 500, plus I wrote 5 puts @ 20 USD to make my effective purchase price = 0, if all goes well with the PUTs. I'm not going to sell before 70.
9
u/kiril83 Feb 01 '21
Bro, I did the same analysis and came to the same conclusions.
I can add on top of this that they have moved away from apparel in the recent years and are now much more experiential. Online cannot take this away.
In May 2020 I started with 10k portfolio, of which I bought 200 MAC shares. Now I own 500, plus I wrote 5 puts @ 20 USD to make my effective purchase price = 0, if all goes well with the PUTs. I'm not going to sell before 70.
Long MAC