Nordstrom: Announced New Stores In 2024, Partnerships, And Very Cheap. (NYSE:JWN)
lechatnoir Nordstrom, Inc. (NYSE:JWN) expects to open 22 new stores in 2024, may continue benefiting from online store growth and e-commerce, and reports $438 million available to acquire shares. These factors and the current valuation of 5x-6x EBITDA are good reasons to buy JWN. There are some risks because the total amount of debt is…