Bulls REASONS TO BUY
Bears REASONS TO SELL
May 18, 2013
(Stock Blog Hub, 5/3/13)
In an effort to stabilize its financials, replenish inventory and fund the overhauling costs related to its new home departments across 500 stores, J. C. Penney Company Inc. (JCP) drew $850 million...(read more)
(The Market Financial, 4/9/13)
J.C. Penney Company, Inc. (NYSE:JCP) is getting smoked today. The stock is trading at $14.21, -1.66 (-10.46%) after hitting a new 52 week low at $13.90 earlier. This massive decline is coming...(read more)
(Stock Blog Hub, 4/18/13)
In a major development, J. C. Penney Company Inc.’s (JCP) board of directors discharged CEO Ron Johnson of his duties, as his ambitious transformational ideas failed...(read more)
J.C. Penney (JCP) Company Overview
J.C. Penney (NYSE: JCP) is a leading department store retailer of apparel, accessories and home furnishings. They produce their own private brands in addition to selling products from other companies.
The company has faced changing consumer tastes in the past years--consumer traffic is being drawn to Wal-Mart (WMT) and Target (TGT) at the expense of department stores such as J.C. Penney and Macy's Inc. (M). In addition, J.C. Penney relies heavily on private labels Although private label products--in order to appeal to as many customers as possible--are not unique enough to compel fashion-conscious consumers to purchase them, they are still a viable option for customers who do not follow trends. JCP also faces lower profit margins in the due to rising commodity costs which will increase its clothing costs.(Read more at Wikinvest )
What's in this JCP analysis on Wikinvest...