Two battle-weary retailers shoot higher

|By:, SA News Editor

Two beat-up retailers have fallen back in favor this week as J.C. Penney (JCP +8.2%) and Abercrombie & Fitch (ANF +6.4%) both show surprising rebounds.

Some of the more caustic retail watchers are quick to note that the gains are being built up on commentary instead of financial performance.

On one thing nearly everybody agrees: There is more drama coming down the road for the two companies.