Wall Street is still betting against the troubled retailer. Here are a handful of reasons they may be proven wrong once again.
The troubled retailer has made substantial progress in its turnaround but there are still factors that could derail its recovery.
If you imagine the floor plan of Alderwood Mall as a crucifix, J.C. Penney is at Christ's head and Sears is at his feet. That's the way it has always been at countless malls around the country. Sears and Penney: the original anchor stores. Show More Summary
Gap missed Wall Street estimates in its most recent quarter, but that doesn't necessarily mean J.C. Penney's turnaround is in trouble.
Using our screener, I came across several important insider transactions that took place over the past week. In this article, I would like to look into three of them, which involve small-cap companies: J C Penney Company Inc (NYSE:JCP), Mack Cali Realty Corp (NYSE:CLI) and Second Sight Medical Products Inc (NASDAQ:EYES). Mack Cali Realty Corp (NYSE:CLI) […]