From The Motley Fool's brand-new studio in New York, this very special Investor Beat features host Chris Hill and Motley Fool co-founder and CEO Tom Gardner as they discuss three major headline stocks making moves today.

In this segment, shares of J.C. Penney (NYSE:JCP) are on the rise after its earnings report. While the report may have been considered fairly dismal on its own, when compared to J.C. Penney's recent performance, many investors saw signs that a turnaround may be taking place. Tom and Chris take a close look at J.C. Penney and the report and whether the company truly has a shot at a comeback.

Chris Hill and Tom Gardner have no position in any stocks mentioned, and neither does The Motley Fool. 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.