**Nordstrom its not JCP**
I will make a note of that. I am a long term holder of JWN and have traded around the stock. Last year JWN fell way short of the S&P index. What will be the catalyst for this stock to move higher other than the overall market moving higher. Nordstrom will need better margins, and they have purged all the veteran managers and replaced them with twenty somethings to cut costs. As the old saying goes..."you get what you pay for".
BTW, JWN is down on a big move higher in the markets....taxes matter to folks with high incomes, you have a 3.8% Obamacare tax starting in 2013 plus higher marginal rates on income.
Sentiment: Hold