The following video is from Friday's Motley Fool Money roundtable discussion with host Chris Hill and analysts Ron Gross, James Early, and Charly Travers.
In a surprise to absolutely no one J.C. Penney's (NYSE: JCP ) first-quarter revenue fell 16%. In this segment from the Motley Fool Money radio show, our analysts discuss whether CEO Mike Ullman is correct when he says the retailer is emerging from "the abyss" and if investors should be interested in the stock.
J.C. Penney's stock cratered under Ron Johnson's leadership, but could new CEO Mike Ullman present the opportunity investors have been waiting for? 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 J.C. Penney's turnaround -- or lack thereof. Simply click here now for instant access.
The relevant video segment can be found between 12:04 and 13:02.