Word: questrom
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...turnaround I love is J.C. Penney, which has 2,600 Eckerd drugstores. That's really the jewel in the whole piece, and they own a catalog business that is quite good too. Alan Questrom came in in May of 2000 and turned it around. You can make a case that this stock will hit between $40 and $50, and the stock is now at $23. They're doing a lot of things: new operating systems, changing the merchandising, lowering price points. The story is definitely working. Eckerd's is a great business because they're in the greatest places. They...
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