Best Growth Stocks For 2015

Best Growth Stocks For 2015: 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 Dan Caplinger]

  On Tuesday, Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA  ) will release its quarterly report, and shareholders haven't been able to recover from steep losses toward the end of 2013. But with department-store retailers Macy's (NYSE: M  ) and Nordstrom (NYSE: JWN  ) working hard to capture their own share of the beauty market, Ulta Salon will have to work even harder to woo customers into its doors and make the most of the opportunity once they arrive.

• [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 Kohl's to even be in the same league as Nordstrom from an operational standpoint.

• [By Rich Bieglmeier]

  [Relat! ed -Nordstrom, Inc. (JWN) Q4 Earnings Preview: Trends Say Strong Quarter, But So What!]

  A few brokers upped their opinions and price-targets on the fashion specialty retailer following the well-received announcement.

• [By Erin McCarthy]

  Nordstrom Inc.(JWN) said Thursday its fiscal first-quarter profit slipped 3.5%, but the high-end department-store operator’s earnings and sales still outpaced expectations. The company also said it will seek a financial partner for its Nordstrom credit card receivables, which totals approximately $2 billion.

source from Top Stocks For 2015:http://www.topstocksblog.com/best-growth-stocks-for-2015.html