SELECT * FROM future.stocks WHERE name like '%nordstrom%' LIMIT 1; How To Buy Nordstrom Stock ? - Grow Your Financial Portfolio

How To Buy Nordstrom Stock

You can buy Nordstrom shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Nordstrom shares with a broker like eToro or you can trade Nordstrom CFDs with XTB you can begin trading Nordstrom shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Nordstrom stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro Trading212 FP Markets Markets.com XTB Plus500
Rating
Used By 12,000,000+ 14,000,000+ 10,000+ 10,000+ 200,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Nordstrom Stock. What you should know, Types of trading Nordstrom Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Nordstrom Stock Table of Contents

Nordstrom Financial Details

Financial Details

Nordstrom Stock symbol JWN
Nordstrom Sector and Industry Consumer Discretionary Retail - Discretionary
Nordstrom Exchange NYSE - New York Stock Exchange
52 Week High $48.87
52 Week Low $25.01
Nordstrom Market Capitalisation $5,837,512,563.00
Nordstrom Average Volume 2,613,218.00
Nordstrom PE 10.98
Nordstrom EPS 3.44
Stock Currency USD

Overview of Nordstrom

Nordstrom is an American Consumer Discretionary Retail - Discretionary company currently traded on the NYSE which fully known as the New York Stock Exchange.

Nordstrom trades under the stock symbol JWN on the NYSE.

Nordstrom shares are exchanged in USD on the NYSE.

Nordstrom has a current share price of $37.60 USD dated 31/01/2020.

The highest Nordstrom share price over the last 52 weeks was $48.87 USD and its lowest price over the last 52 weeks was $25.01 USD. That is a 52 week price range of $25.01 - $48.87.

Nordstrom Trading Volume and PE

Nordstrom currently has 155,253,000.00 active shares in circulation traded through the NYSE exchange.

Nordstrom market capitalization is $5,837,512,563.00 with an average daily trading volume of 2,613,218.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Nordstrom has a Price Earning Ratio ( PE ) of 10.98 and earning per share ( EPS ) of 3.44. Generally speaking Nordstrom having a high P/E ratio means that Nordstrom investors forsee increased growth with Nordstrom in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Nordstrom earnings per share is Disney company profit that's allocated to every Nordstrom common stock. Earnings per share is calculated by taking the difference between Nordstrom's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Nordstrom shares outstanding.

Nordstrom Financial Charts

Financial Details

Nordstrom Information

Nordstrom Location & Contact Information

Address 1617 6th Avenue Seattle, WA 98101 United States
Phone Number 1-206-628-2111
Website URL shop.nordstrom.com

Nordstrom Executives and Board Members

Co-President/CEO Erik B Nordstrom
Co-President Peter E Nordstrom
CFO/Chief Accounting Officer Anne L Bramman
Nordstrom Board Member Brad D Smith
Nordstrom Board Member Erik B Nordstrom
Nordstrom Board Member Peter E Nordstrom

How To Buy Nordstrom Stock Guide

Buying Nordstrom Stocks and CFDs

When investing in Nordstrom you have several options as to what type of investment you wish to conduct. You can buy traditional Nordstrom shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Nordstrom shares with stock brokers and trading Nordstrom with CFDs below.

Nordstrom CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Nordstrom stock.

If you buy Nordstrom shares with a stock broker you actually own a share of Nordstrom. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Nordstrom price will change up or down.

Lets explain why you would buy Nordstrom as a CFD instead of as a share.

If you went and brought 100 Nordstrom shares at $100 a share with a stock broker you own $1000 of Nordstrom.

The main difference when trading Nordstrom as a CFD and buying Nordstrom as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Nordstrom you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Nordstrom. Trading an Nordstrom CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Nordstrom CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Nordstrom share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Nordstrom CFD long would be hoping to profit from a rise in the Nordstrom share price. An Nordstrom CFD short would be aiming to profit from a fall in the Nordstrom stock price. Trading CFDs allows traders to profit from both directions of the Nordstrom price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Nordstrom shares you can only profit from a rise in the Nordstrom stock price.

Nordstrom CFD and Stock Market Times

When trading in traditional Nordstrom shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Nordstrom Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Nordstrom stock. This limits your risk to your initial amount invested in Nordstrom. You can only lose the amount invested with traditional Nordstrom shares. Another benefit of buying Nordstrom shares with a broker is that you may be eligible to receive Nordstrom company dividends if applicable.

If you Invest in Nordstrom via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Nordstrom. If you buy Nordstrom stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Nordstrom benefits as in owning a certain amount of stock for a set period.

If you own shares in Nordstrom you may be eligible to voting rights at Nordstrom shareholder general meetings.

Nordstrom Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Nordstrom Stocks and shares are only exempt from tax if the Nordstrom shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Nordstrom Stocks and Shares or Nordstrom CFDs?

There are pros and cons to trading in both Nordstrom Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Nordstrom stocks and shares is better suited for long term investments. Historically Nordstrom shares provide better returns over the long term, usually a 10 year period.

Nordstrom CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Nordstrom share investors aim to profit on the fluctuating highs and lows of the Nordstrom price throughout the day. Day trading as you can imagine focuses on profiting from the daily Nordstrom stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Nordstrom stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Nordstrom share price for example to a known amount.

Example Cost of Buying Nordstrom as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Nordstrom CFD trade example Nordstrom Share deal example
Market price $37.60 $37.60
Broker Deal Invest $7.52 at 1:5 Margin (20%) Buy at $37.60 a share
Deal size 100 shares 100 shares
Initial outlay

$752

(Margin = exposure x 20% margin factor)

$3760

(100 shares at $37.60)
Stamp duty No £20
Close price Sell at $45.12 Sell at $45.12
Estimated Profit

(7.52 point increase x 100 shares = $752)

*Not including commission fees and taxes

($4512 - $3760 = $752)

*Not including commission fees and taxes
Trade Nordstrom CFDs now with XTB Trade Nordstrom Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Nordstrom shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Nordstrom.