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Enter Symbol:
Nordstrom, Inc. (JWN) [hlAlert]

up 27.44 %

Nordstrom, Inc. (JWN) rated Buy with price target $66 by McAdams Wright Ragen

Posted on: Thursday,  Aug 30, 2012  3:25 PM ET by McAdams Wright Ragen

McAdams Wright Ragen rated Buy Nordstrom, Inc. (NYSE: JWN) on 08/30/2012, when the stock price was $57.53. Since
then, Nordstrom, Inc. has gained 27.45% as of 01/05/2016's recent price of $73.32.
If you would have followed this McAdams Wright Ragen's recommendation on JWN, you would have gained 27.44% of your investment in 1223 days.

Nordstrom, Inc. is a fashion specialty retailer that offers a selection of apparel, shoes, cosmetics and accessories for women, men and children. As of March 20, 2009, the Company operated 171 stores located in 28 states in the United States. It includes 109 Nordstrom full line stores, 58 Nordstrom Rack stores, two clearance stores that operate under the name Last Chance, and two Jeffrey boutiques. Nordstrom, Inc. offers a selection of brand name and private-label merchandise. The Company offers its products through multiple retail channels, including its Full-Line Nordstrom stores, its discount Nordstrom Rack stores, its catalogs and on the Internet at Its stores are located throughout the United States. In addition, the Company offers its customers a variety of payment products and services, including its loyalty program. Nordstrom, Inc. operates in four business segments: Retail Stores, Direct, Credit, and Other.

At the heart of our company is a belief that a disciplined value approach to investing can lead to superior investment returns. While many other firms have reduced their commitment to research since the compensation link between corporate finance and research was severed a few years ago, we continue to invest heavily in our research department. Our research is solely targeted at providing our retail and institutional clients with good investment advice.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/30/2012 3:25 PM Buy
57.53 66.00
as of 12/31/2012
1 Week up  2.06 %
1 Month down  -1.09 %
3 Months down  -3.04 %
1 YTD up  7.62 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/11/2011 12:25 PM Buy
49.08 56.00
8/9/2011 9:25 AM Buy
40.76 50.00
2/18/2011 10:25 AM Hold
47.05 48.00
2/18/2011 10:25 AM Hold
47.05 48.00
11/16/2010 11:25 AM Hold
40.30 45.00
8/13/2010 11:25 AM Buy
31.07 45.00
2/23/2010 11:25 AM Buy
35.87 42.00
11/14/2008 10:25 AM Buy
12.42 26.00
8/15/2008 12:25 PM Buy
31.42 42.00
2/26/2008 11:25 AM Buy
38.46 50.00
11/20/2007 9:25 AM Buy
33.86 55.00

(*) Stock Price at the time of the recommendation.
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