Oppenheimer is out with a note defending J.C. Penney (JCP), saying the retailer can rebound...

|About: J.C. Penney Company Inc. (JCP)|By:, SA News Editor

Oppenheimer is out with a note defending J.C. Penney (JCP), saying the retailer can rebound despite what's reported to be a disasterous holiday season. If a silver lining is to be found, the company's sales were stronger in the second half of December. JCP -1.2% premarket.