Nordstrom, Inc. (JWN): A Bull Case Theory

We came across a bullish thesis on Nordstrom, Inc. (JWN) on ValueInvestorsClub by FT42. In this article we will summarize the bulls’ thesis on JWN. Nordstrom, Inc. shares were trading at $22.11 when this thesis was published, vs. closing price of $22.24 as of Sept 10.

A fashionable retail store showcasing the company’s apparel products.

Nordstrom, currently trading at a P/E multiple of 12, presents an intriguing investment opportunity due to several near-term catalysts. The company’s...