1 Growth Stock Down 42% to Buy Right Now
Most people like bargains, even when the bargain in question is a stock. But it's only a bargain if it's actually worth owing at any price.
That's the rub for investors eyeing shares of Nike (NYSE: NKE), which are now trading more than 40% below their 2021 high. That's a big discount, but the company seems to be struggling more than it should be. And the stock could be priced even lower in the foreseeable future.
In the bigger picture, though -- from a risk-reward perspective -- now is the time to take a shot on Nike.
Source Fool.com
Nike Inc. B Stock
€86.03
-0.500%
With 47 Buy predictions and 3 Sell predictions Nike Inc. B is one of the favorites of our community.
As a result the target price of 115 € shows a positive potential of 33.67% compared to the current price of 86.03 € for Nike Inc. B.
