J.C. Penney (JCP +0.00%) 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 (M 2.98%) and Kohl's (KSS 0.42%).
The slideshow below contains some ideas for investors interested in J.C. Penney and its potential for gains in the years ahead.
