Better Buy: Nike vs. Tanger Outlets
Nike (NYSE: NKE) and Tanger Factory Outlets (NYSE: SKT) are two retail stocks that have been impacted by COVID-19. But their business models are very different: Nike is a sports and apparel brand that wholesales as well as selling directly to consumers, while Tanger may seem like a retailer, but is actually the infrastructure behind many retail outlet malls.
Let's compare their models, prospects, and valuations.
Image source: Nike.
Source Fool.com