As of midday trading today, JWN stock price hovered around $18.65, slightly down by 0.5% amid broader market weakness in retail equities. The short-term support level is pegged near $18.20, with resistance at $19.10, according to technical charts. Nordstrom, Inc.’s (NYSE:JWN) primary priorities for the year revolve around operational optimization, Nordstrom banner growth, and continued momentum growth at Nordstrom Rack. Nordstrom, Inc. (NYSE:JWN) also made substantial progress in its supply chain, reducing operating expenses and expanding its focus to increasing speed. It is prioritizing quick order deliveries to its customers and is moving products efficiently through its network to provide freshness and relevance. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. JWN has a P/S ratio of 0.26. This compares to its industry's average P/S of 0.36. Fundamental analysis places JWN stock price on a watchlist as a potential value play, with dividend yield above 4% offering income alongside possible capital gains.