3 Things to Know About Nike Stock Before You Buy
In the past two decades, investing in shares of (NYSE: NKE) would've resulted in an impressive 11-fold total return. That exceeds the S 500's performance during the same time.
However, the sportswear giant is currently in the middle of a tough stretch. Shares are down 55% from their all-time high.
Given its tremendous long-term performance, investors should at least take the time to know these three things about the business. Maybe this consumer discretionary stock is a buy-the-dip candidate.
Source Fool.com
Nike Inc. B Stock
€70.78
-1.720%
With 60 Buy predictions and 2 Sell predictions Nike Inc. B is one of the favorites of our community.
As a result the target price of 110 € shows a very positive potential of 55.41% compared to the current price of 70.78 € for Nike Inc. B.
