Filed under: Consumer experience, Nordstrom, Inc (JWN), Stocks to Buy

Now is definitely not the time to think about retail sector investments. Soaring oil and gasoline prices, uncertainty regarding the size of the subprime mortgage default problem, and concerns about a slowing U.S. economy don’t exactly flash the “SPEND” signal for consumers this holiday season.

Even so, Nordstrom Inc. (NYSE: JWN) may buck the trend, or perform well despite the headwinds, to use a Wall Street phrase.

The case for buying Nordstrom rests on the company’s increasing market share, solid balance sheet and cash flow, all driven by the Nordstrom brand. Over the last decade, Nordstrom has established itself at the leading upscale department store. Most retailers would love to have Nordstrom’s combination of brand reputation, Baby Boomer appeal, and consistent shopping experience across store departments.

Continue reading Nordstrom: A retail play for the bold investor

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This entry was posted on Monday, November 12th, 2007 at 9:02 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.