There has been asurge in consumer spending over the past few months. U.S. retailers have recently reported surprisingly solid January revenue gains. Some of the companies leading the recovery are luxury retailer Nordstrom, which posted a 4.8 % gain and apparel retailer Limited Brands, which reported a 24% gain in revenue. Encouraging signs that momentum will continue through 2011.
We ran a screen to find value in the rebounding retailing sector. These companies have price to sales ratios of 1 or below and consensus analysts expect sales and earnings per share to grow 10% or more in the upcoming fiscal year. Here are five companies that may have been overlooked: Read them here;