Reported 2 days ago
Nike, Inc. (NYSE:NKE) stands out among retail stocks, showing resilience with a reported 1.4% increase in retail sales despite uncertain economic conditions due to tariffs. With a strong global presence and a market-leading position in sportswear, Nike is adapting through new product development and enhanced marketing strategies. Analysts maintain a positive outlook, with forecasts predicting growth despite underlying challenges, ranking NKE as the 4th best retail stock to buy now.
Source: YAHOO