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Pro Analysis

Jon Najarian, up 13% YTD, bets on JC Penney

Jon Najarian, Najarian Family Office
Adam Jeffery | CNBC
Jon Najarian, Najarian Family Office

CNBC "Halftime Report" trader Jon Najarian bought J.C. Penney for his model portfolio Thursday. His portfolio is now up 13 percent year to date.

Here is why he bought the retailer.