Sports apparel giant (NYSE: NKE) is one of the world's most recognizable brands. However, the stock has fallen to multi-year lows after a rough earnings report, and naysayers are coming out of the woodwork to proclaim that Nike no longer has enough brand appeal to retain its apparel and footwear crown.

Is that true? I don't think so. Time will ultimately reveal the truth, but there is plenty of evidence that Nike stock will eventually be back in a big way.

Here are five reasons long-term investors should be scooping up shares of the Swoosh today.

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Source Fool.com