1 Retailer's Bad Apple?
Mar 8th 2013 7:42PM
Updated Mar 8th 2013 9:30PM
The following video is from Friday's Motley Fool Money roundtable discussion, in which host Chris Hill, and analysts Ron Gross, Jason Moser, and Charly Travers discuss the most influential investing stories of the week.
Shares of retailer J.C. Penney fell more than 15% earlier this week after it was revealed that Vornado Realty Trust sold 10 million shares of J.C. Penney stock. Steven Roth, the head of Vornado Realty Trust, also sits on JCP's Board of Directors. J.C. Penny CEO Ron Johnson has been unable to turn the company around. Does Johnson's prior success in leading Apple's retail division translate to J.C. Penney? In this installment of The Motley Fool Money Radio Show, our analysts talk about the future of the embattled retailer.
J.C. Penney has been a train wreck whose comeback always seems just around the next earnings corner, but investors are beginning to doubt that CEO Ron Johnson can weave the same magic that he did at Apple. If you're wondering whether J.C. Penney is a buy today, you're invited to claim a copy of The Motley Fool's must-read report on the company. Learn everything you need to know about JCP's turnaround-or lack thereof. Simply click here now for instant access.
The relevant video segment can be found between 8:33 and 10:48.
The article 1 Retailer's Bad Apple? originally appeared on Fool.com.Charly Travers has no position in any stocks mentioned. Ron Gross has no position in any stocks mentioned. Chris Hill has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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