Here's Why Nordstrom Might be Undervalued Retail Play of the Year
Nordstrom(JWN) ZACKS·2024-12-27 19:46
Nordstrom, Inc. (JWN) , emerges as an attractive value opportunity in the Retail - Apparel and Shoes industry, trading at a forward 12-month price-to-earnings ratio of 12.20X, below the industry average of 20.44X and the Retail-Wholesale average of 25.17X. The stock is undervalued compared with its industry peers, offering compelling value to investors looking for exposure to the Retail-Wholesale sector.JWN P/E Performance Image Source: Zacks Investment Research The Seattle-based fashion retailer, JWN’s st ...