Nike: Is a Turnaround in the Stock Near?
Nike (NYSE: NKE) shares rallied after the sneaker and apparel maker's fiscal first-quarter results showed some signs of a potential turnaround. The stock, however, is still down slightly on the year and has fallen by more than 40% over the past five years.
Let's take a closer look at Nike's recent earnings to see if a turnaround is near and if investors should be buying the stock.
Image source: Getty Images.
Source Fool.com
Nike Inc. B Aktie
34,45 €
-1,99 %
Die Nike Inc. B Aktie ist leicht im Trend: Mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 64 € für Nike Inc. B weist auf eine Steigerung von über 50% gegenüber dem aktuellen Kurs von 34.45 € hin.
