Buying Macy's (M) @$4.99

Macy's is struggling together with most department stores. Efforts to go online have been slow.

Few tourists to New York city are also hurting the business.

Macy's real estate is valued at $18B and yet the market cap has shrunk 92% to under $2B.

As much as this is a real estate play, it's also an acknowledgement that this is still a powerful brand. The company is well funded and should be able to come out the other side of this pandemic.