Reported 1 day ago
As the stock market hits new highs, two notable companies—Nike and Roku—are trading below their peak prices and show potential for rebound. Nike, down 50% from its peak, is cutting costs and simplifying its product line under new CEO Elliott Hill, aiming for growth in the athletic wear market. Meanwhile, Roku is capitalizing on a recovery in the ad market, with strong growth in its user base and revenue, especially in advertising. Both stocks are positioned for possible significant returns as they implement strategic changes.
Source: YAHOO