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Re: mad money fund post# 2843

Sunday, 01/05/2014 5:56:24 PM

Sunday, January 05, 2014 5:56:24 PM

Post# of 43522
Thanks..following is copy/paste of Jim Cramer's JCP specific.

J.C. Penney Company, Inc. (NYSE:JCP)
Target Price $19 a share

J. C. Penney Company, Inc. is a holding company whose principal operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Company’s business consists of selling merchandise and services to consumers through its department stores and through its Internet Website at jcp.com. As of February 2, 2013, the Company operated 1,104 department stores throughout the contsinental United States, Alaska and Puerto Rico, of which 429 were owned, including 123 stores located on ground leases. It sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside jcpenney and home furnishings. In addition, the Company’s department stores provide its customers with services such as styling salon, optical, portrait photography and custom decorating.JC Penney are all fine examples of companies ...choice to be the biggest stock percentage mover in 2014. Volatility continues to be name of the game here with sales growth still an issue, tight liquidity, a possible CEO change, and valuation challenges. Sterne Agee has Penney as a Buy-rated stock with an upside potential of 13% and a price target of $19.00. The stock’s P/E ratio for 2014 is negative and the earnings per share (EPS) estimate is expected to be down by 62% after rising 70% in 2013. As the analysts say, “Buckle Up!” So how do you know which stocks are “buy and hold .




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