Nordstrom, Inc.Short
$JMN Sorry but it just looks terrible for Nordstrom
If we needed any more reason to stay clear of JWN, today's results from 
KSS have rubber stamped the short thesis on the stock.
The stock has acted terribly for the past few months, indeed years and selling has really ramped up into earnings which is a alarming pattern.
We can not find anything positive to cling onto and if $36 fails to hold a real capitulation will follow as there is no historical support below.
AVERAGE PRICE TARGET $ 46
AVERAGE RECOMMENDATION HOLD
NORDSTROM INC.
Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes and accessories. It operates through the following business segments: Retail, Credit and Corporate/Other. The Retail segment manages physical stores and online shops. The Credit segment offers a range of payment options to customers. The Corporate/Other segment includes sales return reserve, expenses, and assets.
JWN, today's results from KSS have rubber stamped the short thesis on the stock. The stock has acted terribly for the past few months, indeed years and selling has really ramped up into earnings which is a alarming pattern.
We can not find anything positive to cling onto and if $36 fails to hold a real capitulation will follow as there is no historical support below.
AVERAGE PRICE TARGET $ 46
AVERAGE RECOMMENDATION HOLD
NORDSTROM INC.
Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes and accessories. It operates through the following business segments: Retail, Credit and Corporate/Other. The Retail segment manages physical stores and online shops. The Credit segment offers a range of payment options to customers. The Corporate/Other segment includes sales return reserve, expenses, and assets.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.