Department store stocks a bit frisky

|By:, SA News Editor

Some out-of-favor department store stocks are showing tidy gains today, led by J.C. Penney (JCP +8.3%) and Sears Holdings (SHLD +3.3%).

Though there have been a few positive signs in the retail sector that momentum has picked up following a sluggish Q1, today's action is tied to some momentum buying following an extended beating on the sector from investors.

Dillard's (DDS +0.7%), Macy's (M +1.1%), and Bon-Ton Stores (BONT +1.9%) are also out-performing mildly on the day.