Nordstrom, Inc. (JWN Quick QuoteJWN - Free Report) was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $33.95 –$38.04 in the past one-month time frame, witnessed a sharp increase on Friday.

The upmove came after the company reported better-than-expected third-quarter fiscal 2019 (ended Nov 2, 2019) results.

The company has seen a mixed track record when it comes to estimate revisions of three increase and three decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Nordstrom currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Nordstrom, Inc. Price

Nordstrom, Inc. price | Nordstrom, Inc. Quote

Investors interested in the Retail - Apparel and Shoes industry may consider Boot Barn Holdings, Inc. (BOOT Quick QuoteBOOT - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is JWN going up? Or down? Predict to see what others think: Up or Down

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through Q3 2019, while the S&P 500 gained +39.6%, five of our strategies returned +51.8%, +57.5%, +96.9%, +119.0%, and even +158.9%.

This outperformance has not just been a recent phenomenon. From 2000 – Q3 2019, while the S&P averaged +5.6% per year, our top strategies averaged up to +54.1% per year.

See their latest picks free >>