Comments for JCP - Stockpickr! Your Source for Stock Ideas

Comments for JCP

Added By	Comments	Type	Date Added
sheldon leventhal	retail doldrums	Hate	September 28, 2009
barrons3	Q: Why is technology an issue? A: Because retailers have been so late to the game. That's the underlying story at Saks [SKS]. They have invested a lot in technology. So has J.C. Penney [JCP], which has spent a lot of time on cycle-time reduction. And there's Home Depot, which is upgrading its technology. That's the common thread in terms of the retailers we have Buys on. Consistent with this theme, Nordstrom [JWN] did a major technology implementation in 2004, and now they have some of the best inventory turns in my coverage universe.	Love	September 05, 2009
barrons3	I like the J.C. Penney (JCP) dip and I notice the incredible action in Kohl's (KSS) and Target (TGT) and wish they were down. They are such tells for the turn, especially Kohl's, which is almost at its high. Reduced inventories more than make up for reduced sales.	Love	August 13, 2009
Stockpickr Staff	In an Aug. 6 blog post, Cramer wrote that the media had prematurely predicted a poor back-to-school season for retailers such as Macy's, Target (TGT), Gap (GPS) and JCPenney (JCP). "Back-to-school is looking very big," he wrote, "and given the low inventories, the cash flow could be tremendous here."	Love	August 12, 2009
barrons3	That means you can make a lot more money on the oil-user side: retail like Kohls (KSS), J.C. Penney's (JCP) and Macy's (M); restaurants like Brinker (EAT) and Darden (DRI); apparel like Jones (JNY), VF Corp. (VFC) and Nike (NKE); as well as anything that goes into Best Buy (BBY).	Love	July 08, 2009
Stockpickr Staff	"TGT has lagged the other names in the group: Kohl's (KSS) is up 28%, Macy's (M) is up 21%, JC Penney (JCP) has climbed 48% and Nordstrom (JWN) has rallied an astounding 56%." <a href="http://jimcramer.rmblogs.thestreet.com/entry.aspx?q=6c8123e4-7f05-4364-8622-9c2900a26c15" target="_blank">"Retail Is a Microcosm of the Broad Market," 6-15-09</a>	Love	June 16, 2009
Stockpickr Staff	With that in mind, Cramer said he wasn't going to formulate a view on retail based on JC Penney's (JCP) earnings report today. "I look at something like what JC Penney says, and I can't make that determination," he said. (<a href="http://www.thestreet.com/story/10501882/1/cramers-stop-trading-transocean-tells.html" target="_blank">"Stop Trading!," 5-15-09</a>)	Love	May 18, 2009
Stockpickr Staff	"Of course, that means it was all the expectations game. The other guys had taken down expectations to the point that their horrid numbers looked good, especially Nordstrom's (JWN), but Kohl's (KSS) and J.C. Penney (JCP) weren't so hot either. Abercrombie's (ANF) were terrible, the worst I have seen, but you could never lower them enough!" (<a href="http://jimcramer.rmblogs.thestreet.com/entry.aspx?q=6122fd87-f813-4c2f-ad76-9be601445e9d" target="_blank">"Retail = No Sale," 4-9-09</a>)	Love	April 13, 2009
barrons3	JC Penney (JCP), Kohl's (KSS) and Sears (SHLD) are making people feel that Wal-Mart (WMT) is aberrant, so does the action in Costco Wholesale (COST). You have to like that not all retail is down. This move surprises me.	Love	January 08, 2009
barrons3	But you find your favorite tech that hasn't moved much -- we like Qualcomm (QCOM) and Cisco (CSCO) for Action Alerts PLUS, plus Research In Motion's (RIMM) right because of new products -- and you buy a mortgage play -- Wells Fargo (WFC)? -- and you can buy a down-and-dirty retailer that you have faith in, but hold your nose. I can get with Best Buy (BBY), and I like the yield support of JC Penney (JCP). You can buy deep-in-the-money calls for MasterCard (MA) -- remember, it did report a fantastic number.	Love	January 08, 2009
barrons3	Wal-Mart (WMT) is such a winner over Target (TGT), JC Penney (JCP) Kohl's (KSS), Macy's (M) and all the other major discounters that it is hard for me to believe it isn't game, set, match already -- except for Costco (COST). I believe Mal-Mart is a big stock for next year precisely because it is the winner. (Odd, but Macy's is back to where it was before it got its credit agreement. That's a little too negative for me.)	Love	December 26, 2008
barrons3	We are seeing the effects of lower gasoline everywhere today, including all of the retailers that everyone told us would have a horrible holiday season. Target (TGT), J.C. Penney (JCP) and the other trade ups from Wal-Mart (WMT) are just tearing. What happened to those sellers there? What happened to all of the people who were worried about bad debts and stretched consumers? Remarkable how little memory we have of a week ago. Did people get short these off of the unemployment number and then just not bother to cover?	Love	December 11, 2008
barrons3	At a time when 401k plans, in which employees assume the investment risk, dominate the corporate retirement-planning landscape, pension plans -- and their problems -- remain the province largely of old-line industrial companies that established defined-benefit plans for future retirees. There are exceptions: Companies such as Penney favored defined benefit plans to attract the best employees, closing them to new workers only in 2007.	Love	December 06, 2008
High Dividends	PE: 5 PEG: 0.71	Love	November 29, 2008
barrons3	Then I fret that who the heck is going to lend the retailers money to hold down inventory for Christmas, and I see the prices of Liz Claiborne (LIZ) and Talbot's (TLB) and Ann Taylor (ANN) and Nordstrom (JWN) and J.C. Penney (JCP) and Abercrombie & Fitch (ANF) and Sears (SHLD) -- oh man, Sears -- and I think that these are all better than any of the newly private companies like Neiman Marcus, and I know bankruptcies are around the corner.	Love	November 20, 2008
barrons3	We can stabilize AIG (AIG), but will that have people shop at JC Penney (JCP)?	Love	November 13, 2008
oakee77	Next Place to Shop	Love	October 31, 2008
High Dividends	4.2%	Love	October 28, 2008
barrons3	Helm fortuitously sold Washington Mutual in March 2007 over concerns about the company's excessive origination of adjustable-rate mortgages, and general worries about its loan portfolio. In August of that year, he sold Countrywide Financial for much the same reasons. Last October, he ditched J.C. Penney (JCP), fearing slowing sales growth and slower growth in its number of stores.	Love	October 18, 2008
barrons3	Q: How will the so-called mall anchors emerge from this crisis? Exstein: Nordstrom (JWN) emerges from this, as does Kohl's (KSS). Macy's (M) will emerge from this and, in all likelihood, so will J.C. Penney (JCP), but it is not clear in what manner the other players come out of this period.	Love	October 18, 2008
byronkay	Soros is buying this and they seem to be undervalued	Love	September 17, 2008
barrons2	Jones Apparel(JNY), J.C. Penny (JCP) Kohl's(KSS) and Cramer's favorite Macy's(M) are doing well.	Love	September 04, 2008
sarah z	"So oil's going to go down $30 and retail's going to be terrible and international commerce is going to be crushed? Oh, and the foods and the drugs are bad, too? That's what today's action is saying, which is pretty nutty when you think about it. We can't have oil down big, which is what Exxon (XOM) and Chevron (CVX) are saying, and also have the Gaps (GPS) and the Penneys (JCP) and Targets (TGT) get crushed. It doesn't work that way. We can't have the retailers signaling recession and also see the recession stocks getting hit. They go up in a recession. I think this market is just lacking anyone who wants to buy anything. In this environment, with unlimited naked shorting and outfits like AIG (AIG) and GM (GM) and Ford (F) and Lehman (LEH) and Washington Mutual (WM) signaling all is not well, you can take down anything and everything. I look at today's action and I think to myself that this market is simply the EXACT opposite of what we saw on Friday, except then oil went down, too! It is like the natural buyers and the buybacks have just disappeared. So which one is right? Retail? Oil? Foods and drugs? Which ones should be going down? I can make a case that oil at $100 - again, where XOM's signaling at a minimum -- is terrific for retail. More important, I can make a bet that the foods and drugs are terrific no matter what, because if oil is going down that much, this market will look at it as a sign of economic collapse and will again walk away from retail and embrace the Procters (PG) and the Gileads (GILD), which are being hard hit here, even as they -- above all -- are the true buys."	Love	August 26, 2008
barrons2	But the big surprises are from a whole bunch of stores we thought would do terribly, from Home Depot (HD) this morning and Lowe's (LOW) yesterday to Penney (JCP), Kohl's (KSS) and most important, Macy's (M), the week before.	Love	August 21, 2008
barrons2	The retailer I don’t like is JC Penney (JCP), he adds, I see put buying that appears to be negative.	Love	August 13, 2008
barrons2	hen there are the others, the retailers and restaurants that will benefit from the inevitable lower price at the pump. That's the toughest call of all. I think that you have to go with the ones that have good profiles already: McDonald's (MCD), Wal-Mart (WMT), Jones Apparel (JNY) and VF Corp. (VFC). There's some valuation underpinnings in Nordstrom (JWN) and Kohl's (KSS) and JC Penney (JCP), but nobody seems to care at all, so I can't recommend them.	Love	August 07, 2008
ElCata	Predictable day trader: in-out, in-out, in...	Love	July 27, 2008
barrons2	Nordstrom (JWN) and JC Penney (JCP) have worth. They really do.	Love	July 24, 2008
barrons2	Some stocks are already down there: J.C. Penney (JCP) and Nordstrom (JWN) and Macy's (M). Those are just awful-acting.	Love	June 26, 2008
barrons2	Many thought that JCPenney (JCP) had reached a bottom and that things going forward would get better. Oops! The stock acts terribly as does its partner, Ralph Lauren (RL), which also had a good run after its last quarter.	Love	June 12, 2008