Is Macerich Now A Buy?

Macerich (NYSE: MAC ) is up a remarkable 38% over the past year, bucking the late 2024 REIT selloff as management continues to execute its Path Forward Strategy. MAC is targeting a $2 billion reduction in long-term debt and is roughly 60% of the way thereThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth comp ...