Nordstrom Rises 63% in a Year: Time to Buy, Sell or Hold the Stock?

Nordstrom, Inc. (JWN) stock has been trending up the charts in the past year, recording growth of 63.3%. This upside comfortably outpaces the broader Retail-Wholesale sector's return of 38% and the Zacks Retail - Apparel and Shoes industry's 37.3% growth in the same period. JWN's shares also surpassed the S&P 500 index's appreciation of 34.2% in the same time. The company is benefiting from digital initiatives, optimizing operations and momentum at the Rack banner. Currently priced at $21.97, JWN stock is t ...