|Company name||Nordstrom, Inc.|
|Live stock price||[stckqut]JWN[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Fair|
|Target stock price (TWCA growth scenario)||$53.54|
|Target stock price (averages with growth)||$65.29|
|Target stock price (averages with no growth)||$53.72|
|Target stock price (manual assumptions)||$54.12|
The following company description is from Google Finance: http://www.google.com/finance?q=jwn
Nordstrom, Inc. is a fashion specialty retailer, with 225 the United States stores located in 30 states as of March 16, 2012. The Company operates in two segments: Retail and Credit. As of March 16, 2012, the Retail segment includes its 116 Nordstrom branded full-line stores and its online store at www.nordstrom.com, its 105 off-price Nordstrom Rack stores and its other retail channels, including its online private sale subsidiary HauteLook, its two Jeffrey boutiques, one philanthropic treasure&bond store and one clearance store that operates under the name Last Chance. The Company’s Credit segment includes its wholly owned federal savings bank, Nordstrom fsb, through which it provides a private label credit card, two Nordstrom VISA credit cards and a debit card.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.
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