Is J.C. Penney the worst company in America today? In this video, Austin Smith makes the case that it isn't -- which is not to say that it's a worthwhile investment. Austin also offers his opinion on Ron Johnson, the CEO who was supposed to save J.C. Penney from oblivion.
J.C. Penney has been a train wreck whose comeback always seems just around the next earnings corner, but investors are beginning to doubt that CEO Ron Johnson can weave the same magic that he did at Apple. If you're wondering whether J.C. Penney is a buy today, you're invited to claim a copy of The Motley Fool's must-read report on the company. Learn everything you need to know about Penney's turnaround, or lack thereof. Simply click here now for instant access.