Is It Time to Buy Nike Stock Hand Over Fist in 2024?
(NYSE: NKE) undoubtedly possesses one of the strongest brands in the world. This has led to a successful enterprise in the sports apparel and footwear industry with a leading market share.
But the shares have disappointed investors in recent times. They dropped 7% in 2023 thanks to the company's ongoing struggles. This performance lagged the broader S 500's impressive 24% gain.
As Nike currently sits 43% below its all-time high, is it time to buy this stock hand over fist in 2024?
Source Fool.com
Nike Inc. B Aktie
75,10 €
-0,09 %
Nike Inc. B wird von der Community favorisiert: Deutlich mehr Buy- als Sell-Einschätzungen.
Bei einem Kursziel von 110 € ergibt sich ein positives Potenzial von 46.47% für Nike Inc. B im Vergleich zum aktuellen Kurs von 75.1 €.
