NEW YORK ( TheStreet) -- Eight of the nine discount retailers I have been following peaked in 2012 between March and October. Only one has been a leader trading to a new multi-year high yesterday. Eight of the nine, including the leader are in the iShares DJ US Consumer Services Sector Index Fund (IYC), which traded to an all time high this morning in reaction to a better than expected retail sales release.The last time I covered these stocks as a group was on Dec. 13, 2012, in Discount Retailers, From Leaders to Laggards. Not much has changed in their ValuEngine characteristics, but the stocks have had choppy stock price performances since then.
Discount Retailers Continue to Lag Despite Recovery
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