Cramer Sees Macy's (M) At $25 After Holiday Season

CNBC's Mad Money Jim Cramer has a scenario for the future movement of the Macy's (NYSE: M). He explained how Macy's (M) jumped from $10 to $21, and when company started to lower expectations the stock corrected to $18. He expects something similar to happen again.

Jim Cramer believes that Macy's (M) will retreat a bit as the company lowers expectations for holiday season. He also thinks that holiday season will be good and that the stock will go to $25 for that reason. He then expects Macy's to retreat to $23.

Macy's (M) fell today 2.92% to $17.64 and had a volume of $15.01 which is slightly better thatn its average.