Why Nike Is Poised to Keep Runnin'
With that in mind, let's take a closer look at Nike and see what CAPS investors are saying about the stock right now.
Beaverton, Ore. (1964)
Co-Founder/Chairman Philip Knight
CEO Mark Parker
Return on Equity (average, past 3 years)
$6.0 billion / $1.4 billion
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 95% of the 2,500 members who have rated Nike believe the stock will outperform the S&P 500 going forward.
Nike is the standard in athletic apparel. There's no sign this will change in the immediate future. The company is still associated with youth & athletics. The company itself is well run and shows steady growth. It's portfolio of brands is well diversified, as the resident [Motley Fool] article on Converse shows.
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The article Why Nike Is Poised to Keep Runnin' originally appeared on Fool.com.Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool recommends Nike and Under Armour. The Motley Fool owns shares of Nike and Under Armour. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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