3 Reasons Nike Is a Must-Buy for Long-Term Investors

3 days ago · Nike (NKE 0.17%) has been a top stock to own throughout its history. However, the business has struggled in recent years, and the stock has floundered. Under former CEO John Donahoe, the company ...

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3 Reasons Nike Is A Must-Buy For Long-Term Investors

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Is Nike Stock A Buy, Sell, Or Hold In 2025? | The Motley Fool

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Oct 8, 2024 · Like sports-team fans in the middle of a disastrous season, Nike (NKE-1.83%) stock investors likely can't wait for its losing streak to end. Shares are down 24% this year, with an …

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Is Nike a good buy for long-term investors?

Keep reading for three reasons Nike is a good buy for long-term investors. Image source: Getty Images. 1. Nike's problems are fixable In the last few years, Nike's sales growth has stalled, even turning negative as it's lost market share and profits have fallen. ...

Why should investors buy Nike?

In fact, here are three must-know reasons for why investors should buy this consumer discretionary stock like there's no tomorrow. 1. New CEO On Oct. 14, Nike brought in Elliott Hill to be its new CEO, taking over for John Donahoe. ...

Is Nike a good stock to buy now?

There are valid reasons for why Nike's operations have been struggling. A new CEO, the powerful brand, and the stock's cheap valuation can entice investors. Should sales start trending higher, Nike could produce strong returns in the next few years. Over a long enough time horizon, this consumer discretionary stock has been a big winner. ...

Is Nike a good stock to buy in an uncertain market?

In an uncertain market, Nike offers investors peak stability. The market has had investors walking on thin ice in recent months. With record levels of inflation, rising interest rates, and concerns involving Russia and Ukraine, growth stocks have been under an immense amount of pressure lately. ...

Should you buy Nike (NKE)?

Another reason to consider buying the stock is that it looks really cheap right now. At just 22 times its trailing earnings, Nike is trading at a much lower multiple than it has in the past, and it's well below its 10-year average. NKE PE Ratio data by YCharts. ...

Should Nike buy back its stock?

Operating income is down roughly 30% since its peak in 2021, and Nike has taken advantage of the sell-off by buying back its stock. Analysts expect the next year or two to be challenging for Nike, meaning the bar is low for a recovery. ...