Is J.C. Penney a Buy After the Crash?
Apr 9th 2013 9:34PM
Updated Apr 9th 2013 9:38PM
After falling some 60% over the past 12 months, even the most bearish J.C. Penney naysayers have to start wondering if this is a stock that's worth more dead than alive. With a huge portfolio of real estate to sell, and a relatively large cash balance, J.C. Penney may be worth another look for the value-minded investor out there.
But with CEO Ron Johnson out, investors are beginning to doubt that this value will ever bubble to the surface. 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.
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The article Is J.C. Penney a Buy After the Crash? originally appeared on Fool.com.Austin Smith, Eric Bleeker, CFA, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.