J.C. Penney Can Hope to Emulate Best Buy

Investors have the opportunity to evaluate in real time today two retail turnarounds. Many investors may be tempted to conclude that what happened to one of the companies can happen to the other. I'm talking about the very differing current states of Best Buy (BBY) and J.C. Penney (JCP). 

You don't have to go far back to when Best Buy looked as if it was ultimately going to be a victim of the Wal-Martization an Amazonation of the retail world. Just nine months ago, Best Buy shares were trading at an all-time low of $11 and change, sales were eroding, inventory was getting older and losses were mounting. Best Buy was becoming a live shopping catalog....456 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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