Macerich: Old Retail Is Fading

The Macerich Company (NYSE: MAC ) is a REIT that focuses on malls and shopping centers. Interestingly, while many REITs yield close to short-term interest rates (4.5% to 5%), MAC yields about 3.8% as I write this. As lower rates imply a My articles are written with a mind to owning a stock for years, not trying to predict price movements in a few months. I don't do target prices; I do valuations.I first entered investing in 2020 as an individual value investor, keen to understand the fundamentals of busines ...