Nordstrom (JWN) looks promising, backed by its long-term growth strategy, supply-chain optimization initiatives and focus on bolstering Nordstrom Rack's performance.
Nordstrom (JWN) plans to open a 25,000-square-foot Nordstrom Rack in Tarzana, CA, by fall 2024, offering online order pick-up and easy returns.
Generally speaking, in the market and in life, there’s safety in numbers. And in many (maybe most) cases, it’s better to go with the crowd. However, there are also times when it makes sense to zig while others zag, which segues into contrarian stocks. Frankly, these ideas are unloved by the experts. Because of that, it’s difficult to properly assess their true value. With analyst sell ratings come downgraded financial projections. So, on paper, it looks like you’re buying into value traps. I’m n