Nordstrom Inc. JWN was a big mover last session, as the company saw its shares rise over 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $60.57 to $62.76 in the past one-month time frame.
The company has seen six positive estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Nordstrom currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the apparel industry may consider stocks like Citi Trends, Inc. CTRN, Foot Locker, Inc. FL and Genesco Inc. GCO. While Citi Trends sports a Zacks Rank #1 (Strong Buy), Foot Locker and Genesco have a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
CITI TRENDS INC CTRN: Free Stock Analysis Report
FOOT LOCKER INC FL: Free Stock Analysis Report
GENESCO INC GCO: Free Stock Analysis Report
NORDSTROM INC JWN: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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Nordstrom currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the apparel industry may consider stocks like Citi Trends, Inc. CTRN, Foot Locker, Inc. FL and Genesco Inc. GCO. While Citi Trends sports a Zacks Rank #1 (Strong Buy), Foot Locker and Genesco have a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
CITI TRENDS INC CTRN: Free Stock Analysis Report
FOOT LOCKER INC FL: Free Stock Analysis Report
GENESCO INC GCO: Free Stock Analysis Report
NORDSTROM INC JWN: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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