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I guess I am guilty of perpetuating racist stereotypes. The world is becoming a very sad place. No one has the right to be offended. Tamminga is one of 13 analysts who have buy or outperform ratings on Nordstrom stock, which has climbed 12% in 2014, closing Wednesday down 0.17% at US$69.37.She expects the retailer six store openings in Canada to help drive future share gains, but said it only one of several catalysts that could move the stock higher in the next 12 months.Holt Renfrew’s fate in Ottawa may have been sealed by lack of prime retail space, NordstromCanada’s luxury market stretched by next wave of retailersNordstrom recent acquisition of TrunkClub, an online clothing service for men, is one catalyst that better positions the company for the longer term.continue to believe that, although initially dilutive, the acquisition makes a lot of sense, she said. Parties can benefit from one another as Trunk Club has an established presence consulting to and serving affluent men too starved for time to go to the mall, while Nordstrom can offer Trunk Club access to their nearly 500 brands. Tamminga is also encouraged by the strength in Nordstrom Rack, its off price division, which is getting better quality goods and launched its first ever e commerce site earlier this spring.In addition, she likes the retailer growing influence among who will soon be heading into their income earning years, and its overall commitment to online shopping.stated, we continue to believe no one in retail land better understands (and executes on) than Nordstrom the massive shift in consumer behavior moving away from malls and onto connected devices, she said.Paul Trussel, analyst at Deutsche Bank Securities Inc., is also relatively positive on the stock and rates it a buy with a US$78 price target.If there is an area of concern, he believes it Nordstrom gross margin, which has consistently fallen each quarter.needs to be watched closely, Mr.