Where Will Nike Stock Be in 5 Years?
If you purchased shares of (NYSE: NKE) five years ago, you would be sitting on a loss of 5%, including the positive impact of dividends. That's a wildly disappointing return from an industry-leading enterprise.
For comparison's sake, an investment in the S 500 index would've almost doubled your capital. But maybe the pessimism surrounding Nike has hit a low, and things will turn around for the better.
Where will this consumer discretionary stock be in five years?
Source Fool.com