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J.C. Penney's High Debt Load Makes It a Stock to Avoid

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Department store chain J.C. Penney (JCP - Get Report) has $4.80 billion in debt, which is 59% greater than its market capitalization of $3.02 billion. This retailer is among a group of doomed equities you should avoid.

Bricks-and-mortar retailers like J.C. Penney are in a tough spot, facing tough competition from online experts such as Amazon. Even so, J.C. Penney's debt-to-equity ratio of 3.6 is on the high side even when compared with other bricks-and-mortar retailers such as Macy's (1.6), Marks & Spencer (0.6), Nordstrom (3.2)and Kohl's (0.8).

Let's get you the full details on why J.C. Penney is a toxic stock that should not be in your portfolio.

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks with serious upside potential. See them FREE for 14-days.

Last year saw J.C. Penney posting $120 million in free cash...


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