Saturday, December 7, 2013

J.C. Penney Company, Inc. (JCP): J.C.Penney: A Better Risk Reward At $8 Than $6 - Seeking Alpha

J.C. Penney Company, Inc. (JCP): J.C.Penney: A Better Risk Reward At $8 Than $6 - Seeking Alpha

This is a link to an outstanding article about J.C. Penney.  I own the stock myself and I plan to buy more on pullbacks.  The CEO bought $1 million of stock at $8.87, and I believe the stock can make it back to $14 per share and beyond.  This is classic value investing on bear rumors, and I believe JCP will beat the general stock market.

No comments:

Post a Comment