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.