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Typically speaking, we write about dividend growth stocks. But today, I was thinking about an iconic brand from my childhood. My mom took us plenty of times to the J.C. Penney (NYSE:JCP) . As many of us know, the company today is a far cry from the company back then. J.C. Penney's price eclipsed $80 per share in 2006, the company's highest stock price ever. Now, J.C. Penney is, no pun intended, a penny stock. With little room to decrease further, I must ask myself the tough question. Will J.C. Penney survive the