JC Penney Bonds on the Sale Rack
As JC Penney catches up to its peers, Morningstar's Joscelyn MacKay looks at the investment case for the firm's bonds.
Jeremy Glaser: For Morningstar.com, I'm Jeremy Glaser. Several of JC Penney's bonds look attractively priced, and I am here with Credit Analyst Joscelyn MacKay to take a look at JC Penney and why the bonds look like they could be buys right now.
Joscelyn, thanks for joining me.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.