Low store traffic remains a concern

NORDSTROM INC. $38 remains a hold. The company (New York symbol JWN; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 157.8 million; Market cap: $6.0 billion; Price-to-sales ratio: 0.6; Dividend suspended in March 2020; TSINetwork Rating: Extra Risk; www.nordstrom.com) owns and operates 358 stores in the U.S. and Canada… Read More

Time for you to sell 2 of these retailers

The COVID-19 outbreak has forced these retailers to shut their stores and furlough employees. As a result, they are now relying on their much smaller online operations to cover rent payments and other obligations. Even when they do re-open, it’s likely that sales will remain… Read More