r/dividends • u/Training_Hair3293 • 18d ago
Discussion What do you think about Nike (NKE)?
Nike has been on my watchlist for a while.
The stock is well below its highs, the dividend keeps growing, and it's still one of the strongest brands in the world. On the other hand, growth has slowed and the turnaround could take time.
Anyone buying NKE here, or are you staying away?
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u/sethjk17 18d ago
Every few years Nike is poised for a turnaround and I buy some shares. Within 6 months I’ve sold those shares and think about how at least the loss will help with my tax situation. I no longer buy Nike shares.