Nordstrom Given Strong Sell Rating By Vetr Crowd


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


The Vetr community downgraded Nordstrom, Inc. (NYSE:HD) from 2.5 to 1.5 stars.

The walk-in retail sector has seen some trouble of late, although Nordstrom goes into its second-quarter earnings report in August following three consecutive significant beats on EPS estimates.

See how crowdsourced ratings can help predict the market?

Vetr members have given Nordstrom a Strong Sell rating and a $40.20 price target. This price target is lower than the $46.98 price target from professional analysts. The stock opened Thursday around $46.94

Of all Vetr voters, 60 percent believe traders should sell Nordstrom stock while none believe that traders should buy Nordstrom stock.

For Vetr’s full analysis of Nordstrom, go here.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: DowngradesCrowdsourcingAnalyst RatingsGeneralVetr