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Joseph Lazzaro Return Risk +1.68% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed JCP 04/13/09 +25.41% 08/11/09 Via BloggingStocks:   Filed under: Penney (J.C.) (JCP), Stocks to Buy A retail stock? In this economic climate? Indeed, it seems implausible, but an argument can be made -- for those investors who can tolerate moderate risk -- for JC Penney (NYSE: JCP). Here's how: The recession and the new era of the 'frugal consumer' have really taken the wind out the retail sector's sails, but JC Penney is still standing, and if indeed the recession is beginning to bottom, institutional investors will start to position themselves in the sector in a big way. Indeed, some big investors already have, with JCP's shares already having accelerated out of a $15, 52-week low to trade around $25. Continue reading JC Penney will be around for the next economic expansion JC Penney will be around for the next economic expansion originally appeared on BloggingStocks on Mon, 13 Apr 2009 10:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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