Chip: Along with the Health Care areas we already discussed, we've also been pretty active in the Consumer Discretionary sector. In addition to Columbia Sportswear (COLM), we're very confident in the prospects for The Container Store Group (TCS).
We think the company should continue to benefit from its store expansion efforts in an economy with improved employment numbers, increasingly confident consumers, low energy prices, and higher levels of new household formation.
From "Staying Diversified in the Pursuit of Sustainable Growth - Royce Funds Commentary."
