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
38,53 €
2,90 %
Die Community bevorzugt klar Nike Inc. B mit vielen Buy- und nur wenigen Sell-Einschätzungen.
Das durchschnittliche Community-Kursziel von 66 € für Nike Inc. B impliziert eine Steigerung von über 50% gegenüber 38.53 €.
