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PJO

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PJO

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Thursday, 03/22/2018 6:19:14 PM

Thursday, March 22, 2018 6:19:14 PM

Post# of 43522
Time to buy news story out today?

JC Penney (NYSE: JCP)
Trading at just $3.00 per share, JC Penney is the riskiest stock of the group. However, with the risk comes potential high reward.

The company saw modest improvement in the 2017 holiday season and has grown its e-commerce initiative by double figures.

Adding appliances to take up the slack from a near-dead Sears and offering home services have worked to improve the bottom line.

With the stock down by nearly 50% in the last 52 weeks, bottom fishers rejoice. A small base has formed at $3.00 per share and buying now makes sense with a target price of $6.00 per share.
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