Top 5 Growth Stocks To Buy Right Now

Top 5 Growth Stocks To Buy Right Now: Nordstrom Inc.(JWN)

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It offers a selection of brand name and private label merchandise. The company sells its products through various channels, including Nordstrom full-line stores, off-price Nordstrom Rack stores, Jeffrey? boutiques, treasure & bond, and Last Chance clearance stores; and its online store, nordstrom.com, as well as through catalog. Nordstrom also provides a private label card, two Nordstrom VISA credit cards, and a debit card for Nordstrom purchases. The company?s credit and debit cards feature a shopping-based loyalty program. As of September 30, 2011, it operated 222 stores, including 117 full-line stores, 101 Nordstrom Racks, 2 Jeffrey boutiques, 1 treasure & bond store, and 1 clearance store in 30 states. The company was founded in 1901 and is based in Seattle, Washington.

Advisors' Opinion:

• [By Mani]

  [Related -Nordstrom, Inc. (JWN): Fundamental Stock Research Analysis]

  Nordstrom EPS results have managed to top the street's view twice in the preceding four quarters while missing in the remaining two periods. Analysts have become bearish on earnings prospects of Nordstrom as the consensus estimate dropped by 8 cents (11 percent) in the past three months. However, one analyst raised the profit estimate in the last month.

• [By Alanna Petroff]

  Shares in Nordstrom (JWN) rose in extended trading after the retailer reported a jump in quarterly sales and profit.

  At 8:30 a.m. ET, the U.S. Census Bureau will report October retail sales figures.

• [By Will Ashworth]

  In the same period, Nordstrom (JWN) has seen net income increase by 83% on a 46% jump in revenue. True, Nordstrom is luxury while Kohl’s isn’t, but Mansell has a lot of work regardless to do if he wants Kohls to even be in the ! same league as Nordstrom from an operational standpoint.

• [By Sue Chang and Saumya Vaishampayan]

  Nordstrom Inc. (JWN) shares rose 3.2%. The retailer on Wednesday announced plans to close underperforming stores in Portland, Ore. and Vancouver, Wash. The closures will affect about 280 employees.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-growth-stocks-to-buy-right-now-2.html