NKE / What's Next For Nike's Stock?

Shares of Nike Inc. (NKE, Financial) have risen about 20% since the company's earnings report was released in late September. Shares were previously m more_horizontal

Investors interested in Shoes and Retail Apparel stocks are likely familiar with Skechers (SKX) and Nike (NKE). But which of these two stocks presents more_horizontal

Charlie Munger avoids fashion stocks like Nike, but he'd invest in Hermès at a compelling price. The French luxury label has a trusted brand built ov more_horizontal

Nike (NKE) reachead $102.77 at the closing of the latest trading day, reflecting a +0.95% change compared to its last close. more_horizontal

NKE saw its stock trading at around $83 on October 2, 2022, when the Fed kept increasing rates, and now remains up by about 24% from those levels. more_horizontal

This is a strange time as an investor. On one hand, there is inflation and weak consumer spending and on the other, the earnings season and strong mar more_horizontal

Nike is a still an extremely popular brand as data from a teen survey illustrates. Nike has increased their dividend yield over the years while buying more_horizontal

Investors interested in Shoes and Retail Apparel stocks are likely familiar with Skechers (SKX) and Nike (NKE). But which of these two stocks is more more_horizontal