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The Company designs, develops and markets footwear, apparel, equipment, and accessory products.
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jmacn22 (77.85) Submitted: 8/29/06 4:35 AM : Start Price: $37.93 NKE Score: 55.19
There's a couple things I like here: a new inflow of higher wholesale prices should lead to stronger profits, especially considering that it is forecasting a softening in costs. Beyond short-term economics, Nike is also priming itself for a nice push in international markets like China, India, Russia, and Brazil. These are major growth markets which should bode well for Nike. I like this one to outperform over the next few years.
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