RadioShack Corporation (RSH), Zynga Inc (ZNGA), Cisco Systems, Inc. (CSCO): Companies (Besides BlackBerry Ltd (BBRY)) That Should Go Private Now

Ron Johnson’s gamble in refreshing J.C. Penney Company, Inc. (NYSE:JCP) last year was disastrous, and last week’s boardroom drama in the aftermath of his ouster is a no-brainer symptom of a situation that could be easier remedied outside the daily stock-price gyrations that accompany and inspire the theatrics.

Plenty of retailers have gone private and come back stronger. J. Crew and Restoration Hardware are just a couple of recent examples. As a public company, Penney is simply wading around in a death pool.

This may sound controversial, but even Johnson’s vision could’ve eventually worked if it didn’t happen at a public company, where the first few quarters of disastrous comps cut the transformation short.

Penney’s best shot at being around in five years is to be taken private sooner rather than later.

The article 4 Companies (Besides BlackBerry) That Should Go Private Now originally appeared on Fool.com and is written by Rick Munarriz.

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Cisco Systems and owns shares of RadioShack.

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