Forget Nike: Consider This Unstoppable Stock Instead
In the last one-, three-, and five-year periods, (NYSE: NKE) shares have underperformed the S 500. The disappointment has been more pronounced in just the last 12 months, a time when Nike's stock fell 21%, compared to the broader market's 19% gain.
Investors are souring on the leading apparel and footwear business. And there are good reasons for this pessimism. If you're thinking about adding Nike to your portfolio, it's best to think again.
Consider Lululemon (NASDAQ: LULU), an unstoppable stock, instead.
Source Fool.com
Nike Inc. B Stock
€36.75
1.440%
Our community is currently high on Nike Inc. B with 71 Buy predictions and 6 Sell predictions.
With a target price of 64 € there is a hugely positive potential of 74.17% for Nike Inc. B compared to the current price of 36.75 €.
