Better Buy: Nike vs. Stitch Fix
The COVID-19 crisis crushed many retail stocks this year, but Nike (NYSE: NKE) and Stitch Fix (NASDAQ: SFIX) both weathered the storm after swooning briefly in March. Both stocks are up more than 10% for the year, compared to the S&P 500's gain of about 5%.
Nike and Stitch Fix are very different types of retailers: One is the world's top producer of athletic shoes, while the other is a pioneer in personalized online apparel sales. Should investors stick with Nike's classic strengths, or should they pay more attention to Stitch Fix's disruptive business model?
Image source: Nike.
Source Fool.com