Analysts tell CNBC this beaten-up retailer could be set for an upside surprise this year as discount shoppers spend gas savings.
J.C. Penney reported break-even results on Thursday, missing estimates for profit of 11 cents a share, while same-store-sales grew more than expected.
These stocks were put on the bench, and now "Mad Money" host Jim Cramer thinks they’re ready to run.
With such a low share price, Jim Cramer takes a look at the retail environment to see if J.C. Penney could be an attractive buy.
J.C. Penney said comparable sales rose 2 percent during the fourth quarter, which included the crucial holiday season.
After two years of declining sales, J.C. Penney is reducing some high-profile brands introduced by former CEO Ron Johnson and reviving old labels.