Nordstrom Inc. (JWN): Today's Featured Retail Laggard

Nordstrom ( JWN) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Nordstrom fell 63 cents (-1.2%) to $53.51 on heavy volume. Throughout the day, 6.2 million shares of Nordstrom exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in price between $51.50-$54.44 after having opened the day at $54.39 as compared to the previous trading day's close of $54.14. Other company's within the Retail industry that declined today were: QKL Stores ( QKLS), down 14.3%, Liquidity Service ( LQDT), down 8.1%, ALCO Stores ( ALCS), down 6.9%, and J.C. Penney ( JCP), down 5.9%.

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It operates in two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise. Nordstrom has a market cap of $11.35 billion and is part of the services sector. The company has a P/E ratio of 17.1, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 8.9% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Nordstrom a buy, two analysts rate it a sell, and six rate it a hold.

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, growth in earnings per share, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, SUPERVALU ( SVU), up 5.5%, E-Commerce China Dangdang ( DANG), up 5%, Cache ( CACH), up 4.3%, and Schiff Nutrition International ( SHF), up 3.4%, were all gainers within the retail industry with Best Buy ( BBY) being today's featured retail industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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