3 Reasons Nike Stock Can Be a Great Long-Term Buy
NKENIKE(NKE) The Motley Fool·2024-09-01 22:05

Nike's stock is struggling this year, but investors shouldn't count it out in the long run.Nike (NKE 0.07%) is a top apparel company, and its iconic brand is known around the world. Even though its products are often more expensive than others, the company has managed to grow its business significantly for years. Today, its market capitalization is around $130 billion.But lately, investors have grown worried about the company's growth prospects. Business has been slowing down, and inflation isn't helping. W ...