J. C. Penney Co. Inc. (JCP)

0.93
NYSE : Retail Trade
Prev Close 0.91
Day Low/High 0.91 / 0.94
52 Wk Low/High 0.88 / 3.16
Avg Volume 10.10M
Exchange NYSE
Shares Outstanding 316.80M
Market Cap 288.64M
EPS -0.80
P/E Ratio N/A
Div & Yield N.A. (N.A)

Here Are Your Laggards

Conspicuous to the downside this morning are REITs, home builders, telecom, utilities and retailers (the latter despite the strength of Macy's off a Barron's article and a Street upgrade of JC Penney ).   At this time I would not bottom-fish in any ...

JC Penney upgraded at Morgan Stanley

Winners and Losers if Sears Goes out of Business

Winners and Losers if Sears Goes out of Business

Keep this list handy as Sears' life winds down.

Cramer: Kors Numbers Show a Lot of Retail Is Still Uninvestible

Cramer: Kors Numbers Show a Lot of Retail Is Still Uninvestible

Until they realize the secular shift away from malls, retail names are just playing the victim.

Housekeeping Items

I took off my ProShares Trust UltraPro Short QQQ ETF  long rental for a very modest profit. I will be back, though. Also, I sold my tag ends in J.C. Penney  (for a loss) today. I now have no retail exposure.

Say It Ain't So, Mr. Macy!

Shares of Macy's are higher (up 4%) in pre-market trading on a New York Post report that the company may be put up for sale.  On Monday I made a package of Macy's, JC Penney and VanEck Vectors Retail ETF my "Trade of the Week": Trade of the Week -- ...

My Takeaways and Observations

We are likely in a Trump-centric investment world in 2017.   My theme that the president will make market volatility and uncertainty great again, continues.    Consider the contrary, Part Deux.    Mo' gold and I will accumulate under any weakness go...

Housekeeping Item

I have taken in all of my J.C. Penney  short calls (for a gain) and reduced my JCP long (for a loss) to small-sized.

Change in Strategy as Under Armour Underperforms

Under Armour's big earnings miss and CFO resignation likely will weigh heavily on retail stocks today. Yesterday I made a retail package of JC Penney , VanEck Vectors Retail ETF and Macy's my "Trade of the Week."  That was a mistake in timing, and t...

My Takeaways and Observations

Risk happens fast.    Is the presidential honeymoon over? One of the 10 questions I asked myself today.    "The Return of the Orange Swan?"    Has Boca Biff done it again? Another top call?    Ten questions. In particular, read my comments on Steve ...

Trade of the Week -- Buying Retail

This week's Trade of the Week is to be long a package of VanEck Vectors Retail ETF ($76.14), Macy's ($29.43) and J.C. Penney ($6.43).   Retail is one of the few sectors that is lower in price since the Trump election victory. The RTH is down 5% from...

My Takeaways and Observations

The market pushed back presumably after it digested the inaugural speech and absorbed the marches around the world.   I don't believe the new president will be market and economy friendly.    The reflation trade is in question today.  And I remain b...

I No Longer Give Two Cents for J.C. Penney

I was wrong on J.C. Penney .   As most are aware, I prefer to cast a stone at myself and admit my mistakes than being a "carpet sweeper" who pushes his investment mistakes under the rug.   Though JCP has been my only retail long and I have been cons...

Cramer: The Sorriest Thing This Holiday Season Is the Cannibalization of Target

Cramer: The Sorriest Thing This Holiday Season Is the Cannibalization of Target

If you don't stop in, how is Target going to sell you electronics and entertainment goods of any sort?

Why I Am Now Considering Purchasing Brick-and-Mortar Retailers

In spite of the National Retail Federation raising its fourth-quarter holiday sales forecast to 4% as opposed to the original 3.6% number, nearly all retailers of consequence who have issued preliminary holiday sales results (Wal-Mart Stores  , TJX ...

Cramer's Retail Outlook: Ulta Salon, Children's Place, L Brands, Lululemon and More

Cramer's Retail Outlook: Ulta Salon, Children's Place, L Brands, Lululemon and More

Jim Cramer breaks down the best and worst of retail.

These Retailers Are Getting Killed by Online Shopping

These Retailers Are Getting Killed by Online Shopping

As seen this holiday season, despite strong efforts from traditional retailers, shoppers are increasingly headed online.

Retail's Latest Tale

In the retail space I am only long JC Penney and short Home Depot . (JCP is the subject today of a technical piece by Real Money's Bruce Kamich.)  But I see an opportunity to buy with capitulation developing sooner than later. Stay tuned.

Going Long in J.C. Penney Doesn't Make Sense

Going Long in J.C. Penney Doesn't Make Sense

The charts suggest the retailer's stock is weaker than the price action portrays.

Unpleasant Morsels

Credit Suisse lowers department store ratings, taking JC Penney from neutral to underperform with a price target of $7. Target TGT, not surprisingly, lowers guidance on weak comps.   BMO lowers Disney  .

The Good, the Bad and the Ugly in Today's Trading (Early Afternoon Edition)

"You see, in this world there's two kinds of people, my friend: Those with loaded guns and those who dig. You dig." -- Blondie, " The Good, the Bad and the Ugly" Here's a quick review of today's market action at 2 pm: The Good Bonds and bond-equival...

Game Over for GameStop?

Game Over for GameStop?

It appears more of the retailer's young, technologically savvy customers are buying video games online.

Midday Report: Trump Tower Hurts Tiffany Sales; Financials Sell Off

Midday Report: Trump Tower Hurts Tiffany Sales; Financials Sell Off

Volatility spikes after President-elect Donald Trump takes aim at the U.S. dollar and criticizes China for what he sees as currency manipulation.

Penney to Host Hundreds of Nike Departments

J.C. Penney is trading a bit better based on (1) Trump's comments on the border tariff tax and (2) the inclusion of a Nike department in 600-plus JCP stores.  

Trifecta Stocks: Now It Gets Really Interesting

Trifecta Stocks: Now It Gets Really Interesting

Earnings season heats up next week as Donald Trump is sworn in as president.

My Takeaways and Observations

I have a series of meetings this afternoon and tomorrow morning so I want to get "Takeaways" out early today. I started with what I think is an important opening missive, "Wary in an Uncertain World" in which I covered a number of bases. I truly bel...

Why Your J.C. Penney Could Close

Why Your J.C. Penney Could Close

Although J.C Penney isn't too eager to close stores, that could change.

My Takeaways and Observations

"I don't feel Tuesday...Tuesday has no feel." -- Seinfeld  I started the day with some food for thought -- on the changing channels of retail distribution. In this opener please pay some attention to not only the ramifications for retail stocks but ...

How to Profit From Shifting Retail Distribution Channels

The disintermediation of old-line, bricks-and-mortar retailers provides longer-term opportunities for those who buy the right companies at reasonable prices. My conclusions are simple: 1) Facebook , Alphabet and Amazon win, but seem fairly priced. O...

Reviewing My Investment Troops

* Allergan (my fav large-cap long for 2017) remains the "world's fair" and market leader. Now up $25 a share above my initial purchase price. * Caterpillar (my fav large-cap short for 2017) looks like it could be rolling over. In part, competitor De...