J. C. Penney Company (JCP) in Focus: Stock Up 8.4% - Tale of the Tape

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J. C. Penney Company Inc. ( JCP ) was a big mover last session, as the company saw its shares jump over 8% on the day. This rise can be attributable to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock is now up over 47% in the past one-month time frame.

Although J. C. Penney witnessed 2 downward revisions in the past month, the Zacks Consensus Estimate moved higher over the same period. However, the recent price action appears encouraging, so make sure to keep a close watch on this firm in the near future.

J. C. Penney currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Other players in the retail industry, which look attractive at current levels include  Rite Aid Corporation ( RAD ) and TravelCenters of America LLC ( TA ) with a Zacks Rank #1 (Strong Buy). Alongside, Best Buy Co.,Inc ( BBY ) with a Zacks Rank #2 (Buy) can be considered.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: BBY , JCP , RAD , TA

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Most Active by Volume

110,219,031
  • $6.79 ▲ 14.31%
104,982,008
  • $11.83 ▲ 12.35%
95,065,355
  • $3.40 ▲ 0.59%
79,694,763
  • $36.59 ▲ 2.64%
49,037,292
  • $39.90 ▲ 5.81%
47,069,528
  • $15.34 ▼ 1.03%
43,387,835
  • $6.56 ▼ 1.94%
42,066,487
  • $98.38 ▼ 0.65%
As of 7/29/2014, 04:04 PM