Nordstrom, Inc. (NYSE:JWN)
The Company operates as a Full-Line stores. It's a fashion specialty retailer offering apparel, shoes, cosmetics and accessories for women, men and children.
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Nordstrom is doing everything right. It's got an excellent management team led by a family member, it's covering bricks-and-mortar and Internet sales, its iPad app is cutting edge and popular, it's experimenting with design and distribution partnerships on independent ventures, and best of all, its customer service is so outstanding that I overhear people talking about it in airports, at restaurants, and online. Did I mention their selection is fantastic, too?
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This high-end retailer remains successful despite Amazon.com's best efforts to destroy the industry. Now this company is increasing it's dividend and renewing its share-buyback strategy. The fact that Motley Fool ranked it as the 17th best company in its treatment of investors, customers, employees, and the world at large is a nice bonus.
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fstg experiment
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Its a best of breed store.
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I'm long on this. It might not be cheap now, but it's a great run company that people love to work at. How many retail companies do you know that people actually enjoy working for? After working for half a dozen through school I can tell you it's a rarity. On top of that clothing is one of the few areas that is still better to buy in a store over online.
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best of breed by far.
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A department store that doesn't also sell power drills. Seems like a good idea.
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The stores are disgustingly full of holiday shoppers while Macy's was fairly empty. Nordstrom's must be doing something right.
Insider ownership of 22% is also a positive.
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Nordstrom has a very conservative management team and would not have given positive forward guidance if they didn't believe this to be true. on-line business is experiencing double digit growth, plus Nordstrom has no exposure to Europe which is a plus at this point.
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good retailer
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sell short nordstroms (JWN) & buy saks fifths (SKS)
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158% gain this year is unrealistic, its going down, way down....
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going long term on Nordstrom. Solid Co., great dividend, volatile price I see in the short term though. Sell at $30-35
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No one can top them when it comes to customer service.
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GREAT STOCK
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The worst is over. It's time for the Fat Cats to get all pretty again.
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Will come out of the recession in much better position than competition.
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Going to go down more before it comes up
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a good company
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