1 Beaten-Down Stock That Turned $10,000 Into Nearly $1 Million
As a business that provides the clothing and footwear for athletes to compete at the highest level, (NYSE: NKE) has certainly been a winning investment in the past.
In the last 30 years, the top footwear and apparel stock has turned a $10,000 initial investment into a whopping $962,000 today (as of Feb. 14), including dividends. A similar investment in the S 500 would be worth $189,000 today.
Let's take a look at Nike's history to figure out what factors led to such an impressive performance. For prospective investors, it's best to view things today with a fresh perspective.
Source Fool.com
Nike Inc. B Stock
€75.10
-0.090%
The stock is one of the favorites of our community with 62 Buy predictions and 3 Sell predictions.
With a target price of 110 € there is a positive potential of 46.47% for Nike Inc. B compared to the current price of 75.1 €.
