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Got $1,000? Here's a Stock You Can Hold Forever

TheMotleyFool

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Got $1,000? Here's a Stock You Can Hold Forever: https://g.foolcdn.com/editorial/images/704523/tying-running-shoes.jpg

Investing in the stock market doesn't require a ton of cash. After taking care of more pressing matters like paying off high-interest debt and setting aside an emergency fund, you can invest with even a smaller sum of capital. That way, you'll be well on your journey to building wealth for retirement.

If you have $1,000 that's ready to invest, it's time to look at one stock in particular. I'm talking about sports-apparel juggernaut Nike (NYSE: NKE).

While the broader S&P 500 has lost 24% this year, Nike shares are down a whopping 47%. And this poor performance from Nike might be warranted.

Source Fool.com

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