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The 3 Most Exciting Stocks of 2013

In an usually dramatic year for stocks, Herbalife, Tesla and JCPenney stood out

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JCPenney (JCP)

hlf-herbalife-jcp-tslaYTD Performance: -58%
52-Week High: $23.10
52-Week Low: $6.24

JCPenney (JCP) has been one of the most exciting stories of the year, but for all the wrong reasons: JCP stock is off nearly 60% as the troubled retailer struggles to undo all the damage from its predecessor CEO.

Interestingly, JCP also bears the mark of Bill Ackman. He was the driving force to bring in former CEO Ron Johnson. The former Target (TGT) and Apple (AAPL) executive couldn’t have screwed up JCP more if he tried.

Johnson was fired in April, but JCP stock has been taking on water faster than his replacement can bail it out. (Ackman unloaded his stake in JCP stock for a $500 million loss.)

JCP is still racking up wider-than-expected losses, and a bad holiday selling season could push JCP stock over the edge.

It’s been a fascinating, if depressing, story. JCP was the worst-performing stock in the S&P 500 (that is, until JCP stock was booted from the S&P 500 in November), blowing past a 13-year low along the way. JCP stock might rise from the ashes in 2014 — or disappear altogether.

As of this writing, Dan Burrows did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media,

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