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I am the Editor of The Billionaires Portfolio, a paid research service that lets individual investors peek into the portfolios of the worlds greatest Billionaire investors and Hedge Funds. www.billionairesportfolio.com
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  • JC Penney: Bankruptcy Or Double

    JC Penney (NYSE:JCP) has been one of the worst performing department - retail stores over the last two years. Even more shocking is Bill Ackman of Pershing Square, a famous Activist investor has owned this stock now for almost two years, and has seen little or no gain in his huge investment.

    So is this a classic value trap? or is JC Penney (JCP) in the midst of a turnaround. Lets first look at valuation: JC Penney currently sells for 0.31 times revenue, a very cheap multiple for a major retail company. Yet the stock has no earnings and negative free cash flow.

    Therefore JC Penney is not a buy..

    Tags: JCP, Value, Activism
    Jan 03 11:26 AM | Link | Comment!
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