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JC PENNY is now a penny stock!
Old 05-23-2019, 04:10 PM   #1
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JC PENNY is now a penny stock!

Last year Sears was a penny stock, now JCP has dropped below a buck.

https://finance.yahoo.com/news/jc-pe...152625484.html
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JC Penney is Penny stock
Old 05-23-2019, 08:24 PM   #2
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JC Penney is Penny stock

Kohls is the other major "mid tier" department store chain. With JCP and Sears seemingly going down, there is significant opportunity for Kohls to grow market share. Recently Kohls established a partnership with Amazon. The new CEO of Kohls seems to be a visionary. Perhaps Kohls is worth a look as an investment.

Here's a link to a very recent profile of Michelle Gass, CEO of Kohls, by Robin Lewis/ a long time retail industry observer:

https://www.therobinreport.com/miche...ief-daredevil/
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