J.C. Penney Comes Out Swinging, Rumors Boost Alcatel-Lucent, and 3 More Hot Stocks

J.C. Penney (NYSE:JCP): Despite a hefty pre-market plunge, J.C. Penney shares have recovered and then some, now up more than 5 percent as the retailer venomously defends itself and its turnaround efforts. Penney¬†maintains that it’s pleased with the progress so far in new initiatives, and is seeing predictability in performance in different areas;¬†J.C. Penney’s website sales are trending at a double-digit rate over last year, though 2012′s results were notably abysmal.

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