24.03.2023 22:00:00

Stock Market Sell-Off: Is Nike a Buy?

The stock market has been very volatile lately; stocks are soaring one day and plummeting the next. Overall, the broader market still seems in a downtrend, with recession fears running rampant across Wall Street.Sporting apparel company Nike (NYSE: NKE) has held its own; shares are down just 10% over the past year. Investors can appreciate a quality company with decades of growth to its name. However, stocks can get too crowded.Nike may be a proven winner, but that doesn't make it a buy today. Investors should consider some good and bad news before buying shares.Continue reading
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