Nike, Inc. (NYSE:NKE)
The Company designs, develops and markets footwear, apparel, equipment, and accessory products.
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I plan to hold NKE until february 22nd, when it reports. Main reason is to see how the Fuelband performs. It sold out all their preorders runs.
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They have already proven their brand.Why not ride on a winner's coat tail.
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Nike appeals to a young generation and their parents will continue to purchase the footwear as the economy improves
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Nike is a soplid, don't lose money pick. With the NFL coming into its hands in the Spring, people will jump on this stock
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Ninke has strong potential but it will need to not let Under Armor take over the shoe industry
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Great brand, continuously expanding... in for the long run!
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Market leader, expanding in emerging markets. Great brand recognition, people pay up for product.
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nike is a name brand
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You just never know
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The one reason I advocate staying in the name is because 2012 is poised to be a good year for Nike. Why? The London 2012 Summer Olympics. According to Barclays Capital, Nike has outperformed the market by an average of 24.5% in the last five Summer Olympic years with a 100% success rate. Valuation is a long-term determinate of returns and I think this is a good time to put that aside, for a little while at least, and be part of the final sprint in Nike shares.
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Just watch their commercial for the World Cup - http://www.youtube.com/watch?v=lSggaxXUS8k - and you see they remain inspired despite their size. This is part of my strategy of combining picks which essentially are like owning a Monopoly. Nike + Under Armour is like owning a $ printing press. I actually believe pressure from UA is good for them, keeps them sharp.
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China China China
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Just wait till the NFL deal kicks in next april.
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The best sports brand that signs the TOP Atheletes and TEAMS
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dominant retailer
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Dividend stock.
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Last I checked, Nike has, and will continue to be, the dominant name in sports. Sure, now, maybe someone doesn't get a pair of Jordan's, but Air Max's instead... and I'm alright with that.
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Strong earnings and dividend growth, and along with a lot of other stocks, NKE has been beaten down quite a bit at this point.
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perfect timing
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official NFL sponsor in 2012, insane goodwill, dominates in almost every sports market of clothes and shoes.
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