J.C. Penney Company, Inc. Has Worst-In-Class Investor Sentiment

Even though its stock price recovered somewhat in March, J.C. Penney Company, Inc. (NYSE:JCP) is still facing rock bottom investor sentiment. With Easter just two weeks away, the entire sector could benefit from higher sales this month, but economic discontent still points to a tough road ahead for J.C. Penney and other cost-conscious retailers. J.C Penney has sector’s highest short interest, PE discount “As of yesterday, J.C. Penney Company, Inc. (NYSE:JCP), The Fresh Market and Family Dollar rank at the bottom of the Sterney Index,” write Sterne Agee analysts Charles Grom, Renato Basanta, and John Parke in an April 4…