Nordstrom Inc. (JWN): Today's Featured Services Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Nordstrom ( JWN) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.5%. By the end of trading, Nordstrom rose $2.00 (3.4%) to $60.79 on heavy volume. Throughout the day, 3,637,758 shares of Nordstrom exchanged hands as compared to its average daily volume of 1,307,200 shares. The stock ranged in a price between $58.50-$60.91 after having opened the day at $58.68 as compared to the previous trading day's close of $58.79. Other companies within the Services sector that increased today were: China Yida ( CNYD), up 75.7%, Mecox Lane ( MCOX), up 60.4%, Liberty Media Corporation Class A ( LMCA), up 31.1% and Point.360 ( PTSX), up 15.3%.

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 $11.7 billion and is part of the retail industry. Shares are up 9.9% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Nordstrom a buy, 2 analysts rate it a sell, and 9 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Tiger Media ( IDI), down 16.6%, Empire Resorts ( NYNY), down 14.0%, Newlead Holdings ( NEWL), down 12.3% and Dex Media ( DXM), down 11.5% , were all laggards within the services sector with Charter Communications Inc Class A ( CHTR) being today's services sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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