Better Buy: Nike Inc. vs. Skechers USA
Nike (NYSE: NKE) and Skechers (NYSE: SKX) are very different companies. Nike sells a wide range of footwear, apparel, and accessories through its namesake, Jordan, Converse, and Hurley brands. Skechers generates most of its revenue from its namesake footwear, with a smaller percentage coming from apparel and accessories.
Nike relies heavily on multi-million dollar endorsement deals with top-tier athletes, while Skechers secures lower-key endorsements with celebrities like Meghan Trainor, David "Big Papi" Ortiz, and Sugar Ray Leonard. Whereas Nike is focused on performance, Skechers promotes comfort with its gel-infused memory foam shoes.
Source: Getty Images.
Source: Fool.com
Nike Inc. B Stock
€69.28
0.670%
The stock is one of the favorites of our community with 62 Buy predictions and 2 Sell predictions.
With a target price of 110 € there is a hugely positive potential of 58.78% for Nike Inc. B compared to the current price of 69.28 €.
