Reported 2 days ago
Nike recently reported stronger than expected fiscal results, yet its stock still dipped, raising questions about its recovery timeline. Despite facing a rough patch with declining sales and competition, the company's history of consistent dividend increases makes it an option for long-term investors. Analysts suggest that while immediate risks abound, those willing to hold onto Nike stock for several years may see potential gains, especially if its turnaround proves successful, particularly in recovering markets like China.
Source: YAHOO