Better Buy: Disney vs. Nike
You won't find too many iconic brands that have stood the test of time like Disney (NYSE: DIS) and Nike (NYSE: NKE). They command attention and pricing power, largely on name recognition alone. A well-entrenched fan base and a reputation for quality can work wonders for a company -- as well as for its investors.
Nike stock hit another all-time high this week. Disney has corrected by a little more than 10% since its summertime peak. They are both still market beaters in 2019, a far cry from how the situation was playing out the last time I pitted the two stocks against one another more than two years ago. Investors were concerned Disney was going to be a cord-cutting casualty, with ESPN and Disney Channel subscriptions fading. Nike was also trading near a 52-week low as athletic footwear retailers were reeling. Let's see why both killer brands are winning again and ultimately decide which is the better buy right now.
Image source: Disney.
Source Fool.com
