Is Nordstrom Stock a Buy?
The retail sector has been hit hard by the coronavirus pandemic, and Nordstrom (NYSE: JWN) has been no exception.
Shares of the high-end department store are down nearly two-thirds this year as the company has been forced to shutter stores and sales have collapsed, just as they have at many of its nonessential retail peers. However, with the stock now trading at about $14 -- near a historic low -- investors may be wondering if it's worth putting some money into this well-run retail chain. Let's take a closer look at what Nordstrom has to offer to see if the stock is worth buying today.
Image source: Nordstrom.
Source Fool.com
