Consumer goods analyst Austin Smith talks about why he thinks J.C. Penney might be the worst retail stock. While investors had high hopes for its turnaround strategy and Apple whiz Ron Johnson stepping in, the company is now struggling to determine whether to adhere to its old discount strategy or something new. With more layoffs, a failing pricing strategy, and declining same-stores sales, the future does not look bright for J.C. Penney.
While J.C. Pennry may be struggling, there are plenty of other opportunities to profit in retail. To learn about two retailers with especially good prospects, we invite you to take a look at The Motley Fool's special free report: The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail. In it, you'll see how these two cash kings are able to consistently outperform and how they’re planning to ride the waves of retail's changing tide. You can access it by clicking here.
Austin Smith owns shares of Apple. Isaac Pino has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple. Motley Fool newsletter services recommend Apple and Coach. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.