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Retailer Stocks To Watch Following JC Penney's Positive Sales Report

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January 7, 2015 7:44 am
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Traders will want to watch retailer stocks Wednesday following the JC Penney Company Inc (NYSE: JCP) release of positive same-store holiday sales results on Tuesday.

 

The following retailer stocks are ranked according to their historical correlation to JC Penney Company's stock, first being the most correlated:

1. Nordstrom, Inc. (NYSE: JWN)

2. Macy's, Inc. (NYSE: M)

3. Kohl's Corporation (NYSE: KSS)

4. Bon-Ton Stores Inc (NASDAQ: BONT)

5. Fred's, Inc. (NASDAQ: FRED)

6. Stage Stores Inc (NYSE: SSI)

7. Costco Wholesale Corporation (NASDAQ: COST)

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