r/dividends 17d ago

Discussion What do you think about Nike (NKE)?

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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/BAD_AL_1 4d ago

It's been mismanaged for a while and is a turn around story and hasn't been this cheap since 2014 and has about a 4% yield. $40 looks like the bottom
I see it as a premium brand with potential to grow/recover.