The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Andy Cross and Jason Moser, discuss the top business and investing stories of the day.
Shares of J.C. Penney (NYSE: JCP ) rose on Monday after one Wall Street analyst gave the stock a significant upgrade. Not to be outdone, another analyst lowered his price target on J.C. Penney's stock by more than 40%. In this segment from MarketFoolery, our guys analyze the future of J.C. Penney and discuss why other retailers such as Macy's (NYSE: M ) may be keeping a close watch on the embattled retailer.
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 Penney's turnaround -- or lack thereof. Simply click here now for instant access.
The relevant video segment can be found between 14:44 and 20:30.