Increasing margins and increasing revenues add up to strong profit growth. I like it; the UBS analyst likes it; what's not to like?

Cramer may prefer the Sears Holding (NDQ: SHLD) stock of his buddy, hedge fund manager Fast Eddie Lampert. As for me, when it comes down to the skinny, I prefer to see a proven retailer management team running a retailer.

For a time, even pigs can fly with eagles like JC Penny; but not for long.

Can you ever accumulate this stock though? Not since the 9/11 crisis and maybe for a single month in Sep-Oct 2002. Management has delivered. The stock has soared.

Look at the phenomenal share performance from July 2003 to July 2006 " from $16 to $69+. Even small trades have been tough to make. I suppose if you are a really conservative investor, this is the kind of stock you like to own. Buy, hold and prosper.

But if you are intending to buy, I'd hold off for a couple months.

J.C. Penney Company, Inc. [GICS 25, Cara 100]
(JCP: Yahoo Finance file)
(JCP: StockChart chart)
(JCP: Investertech chart)
(JCP: ADVFN Financial Data)(JCP: ADVFN Financial Data)