The Retail Sector is on the cusp of a major breakout

Key PointsThe retail sector has quietly gained over 15% in 3 months, with SPDR S&P 500 Retail ETF (XRT) consolidating near a 52-week range high.XRT holds $421 million in assets, primarily exposed to US retail sectors with a 67% exposure to the Consumer Discretionary sector.Top holdings Carvana (CVNA), Signet Jewelers (SIG), and Kohl’s (KSS) hint at further upside potential despite mixed sentiment and price outlook.5 stocks we like better than Kohl'sAs the theme of 2023 continues into 2024, seeing technology ...