Reported 3 days ago
NIKE, Inc. (NKE) has been identified as one of the top blue chip stocks to invest in, currently trading near its 52-week low. Despite recent market corrections influenced by economic policies and tariffs, analysts maintain a positive outlook on NIKE, reaffirming 'Buy' ratings with a price target of $115. Key factors supporting NIKE's potential include successful product launches, reduced inventory, and a renewed relationship with wholesale partners, although concerns about the company's growth trajectory remain.
Source: YAHOO