Tredje AP fonden,
Knuff & Co LLC, and
Independent Advisor Alliance have increased their stock positions in
NIKE, Inc. Despite recent stock falls, the company's strong fundamentals suggest the slump may be temporary.
JIm Cramer advises retaining NIKE stocks, regarding them as expensive but worth holding. Other entities increasing their stakes include
River Road Asset Management LLC,
Moors & Cabot Inc, and
Father Finance Advisors LLC. In contrast,
Swiss National Bank and
AGF Management Ltd have decreased their holdings. NIKE has been criticized for a lack of ideal capital allocation trends but has experienced a 5.8% rise year-to-date due to effective plans. Positive investor attention is now drawn towards Nike's strong fundamentals, making it potentially undervalued, and it remains a top pick for
Mark Cuban and
Bill Ackman. Despite this, competition from rival
Adidas has caused Nike stock to struggle.
Nike Stocks NKE News Analytics from Thu, 16 Jan 2025 08:00:00 GMT to Sun, 16 Mar 2025 01:18:23 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor 3
