Reported about 1 month ago
Despite a 52% decline since late 2021, Nike remains a potent investment option due to its strong brand loyalty, strategic pivots to strengthen wholesaler relationships, and solid financials. The company's ability to adapt to market changes, coupled with a promising earnings growth potential, reinforces the argument for buying and holding Nike shares. As a historically resilient brand, Nike continues to reward shareholders with dividends and share buybacks, making it an attractive long-term hold.
Source: YAHOO