If You Had Invested $5,000 in Nike Stock in 2013, This Is How Much You Would Have Today
Success in the stock market can be achieved with the following two traits: savvy stock selection and patience. The former is necessary because investors need to be quality-oriented with the businesses into which they invest their hard-earned capital. But without the conviction to let their investments in these businesses ride out any bumps in the road, investors may never be able to enjoy the fruits that remarkable investments produce over time.
(NYSE: NKE) is a remarkable business. A $5,000 investment made in it 10 years ago, with dividends reinvested, would be worth nearly $20,000 today. For comparison, the same amount invested in the S 500 index would have grown to under $17,000. But is the stock still a buy for dividend growth investors?
Recognizing that a direct-to-consumer (DTC) approach to sales would be more engaging and financially lucrative for its business, Nike shifted gears in 2017 to revive its growth prospects. And this change in its game plan has worked wonders for the company.
Source Fool.com
Nike Inc. B Stock
With 46 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 33.5% compared to the current price of 86.14 € for Nike Inc. B.
