Much of the worry about Nike is that it has ever more competition, from the very large and direct competitor Adidas to the nimble and fast-growing Under Armour and others in China.
Michael Jordan, Nike's most important spokesperson, is 53 years old. It is a company with a big challenge, particularly since its products appear to be aimed at people much younger.
This week the analysts at Jefferies are focusing their top growth stock picks on some very large and liquid stocks, and two of them are technology leaders that posted outstanding second-quarter earnings.
July 26, 2016: Markets opened higher Tuesday ahead of Wednesday’s FOMC announcement on interest rate changes (none expected) and a press conference with Fed chairwoman Janet Yellen. Earnings reports from some major…
Under Armour said its results were hurt by liquidation sales at Sports Authority. However, Under Armour is still having a better year than Nike.
July 21, 2016: Markets opened mixed Thursday but by late morning all three major indexes traded in the red. Leading the slide are the industrials, energy, and materials sectors, with only utilities…
July 12, 2016: Markets opened higher again Tuesday with the S&P 500 index and the DJIA putting up new all-time intraday highs. Energy and basic materials were the leading sectors, up more…
China just surprised the markets by reporting an unexpected rise in capital inflows. It could signal the stabilization of the second largest economy in the world.
These four top companies are on sale and are very well positioned in their respective sectors. They all look like outstanding buys for the second half of 2016.
Looking at what was a brief but massive fallout within broad markets, we are realizing that the Brexit provided a very attractive entry point into a fair number of industries. The Dow…
June 29, 2016: Markets opened higher again Wednesday and every sector is again posting a gain as the closing bell approaches. A drawdown in U.S. crude oil inventories coupled with a weaker…
Tuesday’s bounce was on the heels of two large sell-offs in post-Brexit trading, and shares were up again on Wednesday morning. It is important to remember that investors have found a myriad…
Nike, Inc. (NYSE: NKE) reported fiscal fourth-quarter financial results after the markets closed on Tuesday. The company said that it had $0.49 in earnings per share (EPS) on $8.24 billion in revenue.…
Chris Lange June 28, 2016: Markets opened higher Tuesday and every sector is recover a bit after two days of getting crushed by the Brexit vote. U.S. GDP rose 1.1% in the first quarter,…
Nike, Inc. (NYSE: NKE) is scheduled to report its fiscal fourth-quarter financial results after the markets close on Tuesday. The consensus estimates are calling for $0.48 in earnings per share (EPS) on…
Chris Lange 
