Saturday, March 23, 2013

Investopedia: Nike Continues To Just Do It

For Nike (NYSE:NKE) to perform as it has despite economic challenges in Europe, China, and the U.S. is a pretty strong testament both to the power of the brand, but also the company's commitment to product development. With a strong pipeline, signs of improvement in China, and the potential to recapture some lost gross margin, Nike could retest its 52-week high in the not-so-distant future. Nike isn't a terribly cheap or underrated stock, but strong financial performance could still translate into decent (or better) stock performance.

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