Intel Corporation (INTC), J.C. Penney Company, Inc. (JCP), Research In Motion Ltd (BBRY): Three Stocks You Wouldn’t Touch With A 50 Foot Pole

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In J.C. Penney Company, Inc. (NYSE:JCP)’s recent quarter, the company posted a 16.4% decline in revenues. The company also reported a 50% increase in short-term liabilities. The company in its latest earnings announcement missed analyst expectation by a hefty margin. The company reported a loss of $1.31 per share, compared to analyst expectation of a loss of $0.80 per share.

I would have a wait-and-see approach with J.C. Penney Company, Inc. (NYSE:JCP), as sinking investment capital into it could very well turn into dead money, or worse, lost money.

BlackBerry

Research In Motion Ltd (NASDAQ:BBRY) is a tough company to buy, and an easy company to love. I know many of you on Wall Street are holding onto BlackBerry devices. It’s nice to have a QWERTY keyboard to e-mail your banking colleagues the latest stock market update. But realistically the Research In Motion Ltd (NASDAQ:BBRY) only appeals to a narrowly defined target market.

Many business people have bought into the touch screen craze that Apple has created. The Apple iPhone effectively out-competed the BlackBerry handset, and with the company slow to change, the company soon saw its market position rapidly erode.

Source: ComScore

The company’s decline in market share has taken its toll. The company barely holds onto 5.2% of the market as Apple continues to corner the smart phone market within the United States. The company’s earnings per share declined by 153.7% over the past twelve months, which further supports the pessimism I have towards this company.

Conclusion

The three companies I have presented have had extremely weak performance and are projected to do even worse going forward. BlackBerry has been a burying ground for investment capital. Intel has no substantial competitive advantage in the markets it needs to compete in. Finally, J.C. Penney’s performance doesn’t merit any investment capital.

J.C. Penney Company, Inc. (NYSE:JCP)’s turnaround efforts may fail as the former CEO may have done too much damage. Research In Motion Ltd (NASDAQ:BBRY) would need a revolution on the scale of the original iPhone in order to get consumers buzzing again, but that’s unlikely to happen, so it’s time to close the book on this company.

The article Three Stocks You Wouldn’t Touch With A 50 Foot Pole originally appeared on Fool.com and is written by Alexander Cho.

Alexander Cho has no position in any stocks mentioned. The Motley Fool recommends Intel. The Motley Fool owns shares of Intel. Alexander is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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