Oppenheimer’s Call on JC Penney

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Shares of JC Penney are down 40 percent year-to-date, but Brian Nagel, Oppenheimer senior analyst, explains why he sees a big turnaround for the stock; and the Fast Money traders share today’s market “pops and drops.”

Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. An hour after the bell Fast Money hosts one of the best trading discussions of the day.

Video © and provided by CNBC.

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