The following video is from Wednesday's Investor Beat,  in which host Chris Hill and analysts Jason Moser and Matt Argersinger dissect the hardest-hitting investing stories of the day.

In this installment of Investor Beat, our analysts explain why they're watching Wal-Mart (NYSE:WMT) and J.C. Penney (NYSE:JCP).

The relevant video segment can be found between 5:00 and 6:05.