(NYSE: NKE) is proving that even some of the most dominant and well-known businesses can hit a rough patch. The S 500 is in record territory, but that's not the case for this stock.

Shares of the sportswear giant last traded in the three-figure club in March 2024, but they've been in a downward trend since. They currently sell at 58% below their peak from November 2021 (as of Dec. 30, 2024).

Can this consumer discretionary stock reverse course, rise 33% from its current $75 price tag, and get to $100 in 2025?

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Source Fool.com