In today's edition of Market Foolery, our analysts discuss the likelihood of JC Penney's (NYSE: JCP) turnaround efforts. While they admit there are monetizable assets there, no one seems overly thrilled by the strategy, and believe the company may be too far gone.

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Chris Hill has no positions in the stocks mentioned above. James Early has no positions in the stocks mentioned above. Joe Magyer has no positions in the stocks mentioned above. Ron Gross has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. 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.