NEW YORK (

TheStreet

) --

Nordstrom

(NYSE:

JWN

) hit a new 52-week high Tuesday as it is currently trading at $47.60, above its previous 52-week high of $47.60 with 32,867 shares traded as of 9:31 a.m. ET. Average volume has been 2.7 million shares over the past 30 days.

Nordstrom has a market cap of $10.3 billion and is part of the

services

sector and

retail

industry. Shares are up 8% year to date as of the close of trading on Monday.

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Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. The company offers a selection of brand name and private label merchandise. The company has a P/E ratio of 17.2, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 16.7.

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TheStreet Ratings rates Nordstrom as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Nordstrom Ratings Report

.

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