The No. 1 AI Stock of 2024 (Not Nvidia)

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

JWN
Nordstrom, Inc
NYSE
22.2
Open 22.68 Prev Close 22.56
High 23.07 Low 22.48
Volume 1,564,410 Volume (Avg) 2,375,121
52 Week High 45.64 52 Week Low 11.72
Market Cap 7B PE Ratio 12.19

About Nordstrom, Inc

Nordstrom, Inc., a fashion retailer, provides apparels, shoes, cosmetics, and accessories for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; Jeffrey boutiques; clearance stores that operate under the Last Chance name; Trunk Club clubhouses and TrunkClub.com; and Nordstrom Locals. As of May 5, 2020, the company operated operates 378 stores in 40 states, including 116 full-line stores in the United States, Canada, and Puerto Rico; 247 Nordstrom Rack stores; 3 Jeffrey boutiques; 2 clearance stores; 5 Trunk Club clubhouses; and 5 Nordstrom Local service hubs. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.

General

NameNordstrom, Inc
TickerJWN
ExchangeNYSE
SectorConsumer Cyclical
IndustryDepartment Stores
CurrencyUSD
CountryUSA
Fiscal Year EndFebruary
Full Time Employees62,000

Highlights

Analyst Target34.67
Market Cap6,970,278,400
PE Ratio12.19
PEG Ratio2.05
EBITDA22,000,000

Share Stats

Shares Outstanding157,770,000
Shares Float109,858,671
Shares Short19,313,352
Insider Holdings3029%
Institution Holdings67.08%

Highlights

Analyst Target34.67
Market Cap6,970,278,400
PE Ratio12.19
PEG Ratio2.05
EBITDA22,000,000

Valuation

Trailing PE5.91
Forward PE28.33
Price/Sales (Trailing 12 Mt.)0.51
Price/Book (Most Recent Quarter)23.51

Dividend

Nordstrom, Inc pays out a dividend of $0.37 per share, with a dividend yield of 2.53%.

JWN's last dividend payment was made to shareholders on March 25, 2020.

They pay out 0.00% of their earnings out as a dividend.

Recent Dividends

Jun 19, 2024$0.19
Mar 27, 2024$0.19
Dec 13, 2023$0.19
Sep 13, 2023$0.19
Jun 14, 2023$0.19
Mar 29, 2023$0.19
Dec 14, 2022$0.19
Sep 14, 2022$0.19
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