3 Things You Need to Know About Nike Before You Buy the Stock

Nike (NYSE: NKE) is the leader in the global apparel and shoe market, with a 16.4% share in sportswear, according to Euromonitor. It's a household name that most investors have not only heard of but are likely customers of as well.However, the shares have been wildly disappointing due to the company's ongoing challenges. As of this writing (Dec. 23, 2024), they trade 57% off their peak price, which was established just over three years ago in November 2021. Nike might look interesting as a buy-the-dip candidate. But here are three things you need to know about this consumer discretionary stock before you even think about adding it to your portfolio.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool