Hot Growth Companies To Invest In Right Now

Hot Growth Companies To Invest In Right Now: 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 Marc Bastow]

  Fashion specialty retailer Nordstrom (JWN) raised its quarterly dividend 10% to 33 cents per share, payable March 25 to shareholders of record as of March 10.
  JWN Dividend Yield: 2.15%

• [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.

• [By Ben Levisohn]

  Shares of Dillard’s have dropped 1.4% to $89.99 at 3:13 p.m., while Macys(M) has dropped 0.6% to $57.33,Sears Holdings(SHLD) has fallen 2.7% to $44.61 and Nordstrom(JWN) has has dipped $61.59. JC Penney is little changed at $8.29.

source from Top Penny Stocks For 2015:http://www.seekpennystoc! ks.com/hot-growth-companies-to-invest-in-right-now-2.html