Nordstrom, Five Below Look Good, Finish Line Needs More Energy

NEW YORK (TheStreet) -- Nordstrom and Five Below are two retailers that are doing well and will continue to do so, said Dan Hess, chief analyst at Merchant Forecast. Hess is bearish, however, on Abercrombie & Fitch Finish Line . Nordstrom has not only done a good job on its apparel offerings this year, but the retailer has also added sales events to its calendar without hurting its margins, Hess said. Must Read: Warren Buffett's 7 Secrets to Dividend Investing Revealed "For the first time ever, instead of three sales a year, Nordstrom's will have nine sales a year, and those sales are going to drive incremental traffic," said Hess, who's firm provides research on retailers to the mutual fund and hedge fund industries.

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