J.C. Penney (NYSE: JCP ) is clearly moving in the right direction when it comes to its turnaround. Both sales and profit margins are showing promising performance, and management is quite optimistic regarding chances for a sustainable turnaround. Importantly, the company still offers substantial room for gains when compared with industry peers Macy's (NYSE: M ) and Kohl's (NYSE: KSS ) .
The slideshow below contains some ideas for investors interested in J.C. Penney and its potential for gains in the years ahead.
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