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Enter Symbol:
 
Nike, Inc. (NKE) [hlAlert]

Rating:
Buy NKE
up 77.21 %

Nike, Inc. (NKE) rated Buy with price target $77 by Argus

Posted on: Monday,  Dec 28, 2015  8:25 AM ET by Argus

Argus rated Buy Nike, Inc. (NYSE: NKE) on 12/28/2015, when the stock price was $63.55. Since
then, Nike, Inc. has gained 77.21% as of 12/28/2015's recent price of $112.62.
If you would have followed this Argus's recommendation on NKE, you would have gained 77.21% of your investment in 0 days.

NIKE, Inc. (NIKE) is engaged in the design, development and worldwide marketing of footwear, apparel, equipment, and accessory products. NIKE sells athletic footwear and athletic apparel. It sells its products to retail accounts, through NIKE-owned retail, including stores and Internet sales, and through a mix of independent distributors and licensees, in over 170 countries around the world. Running, training, basketball, soccer, sport-inspired casual shoes, and Kid?s shoes are its footwear categories. It also markets shoes designed for aquatic activities, baseball, cheerleading, football, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and other athletic and recreational uses. It sells a line of performance equipment under the NIKE brand name, including bags, socks, sport balls, eyewear, timepieces, electronic devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/28/2015 8:25 AM Buy
None
63.55 77.00
as of 8/27/2015
1 Week up  0.28 %
1 Month up  5.05 %
3 Months up  8.87 %
1 YTD up  43.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/16/2015 2:25 PM Buy
None
129.79 150.00
9/29/2015 2:25 PM Buy
None
120.47 140.00
12/26/2014 8:25 AM Buy
None
96.57 110.00
9/29/2014 2:25 PM Buy
None
88.91 102.00
12/24/2013 8:25 AM Buy
None
77.41 88.00
10/1/2013 8:25 AM Buy
None
73.09 84.00
7/2/2012 8:25 AM Hold
None
22.05
1/31/2012 8:25 AM Buy
None
26.14 29.50
9/27/2010 8:25 AM Hold
None
19.71
5/25/2010 8:25 AM Buy
None
17.46 20.50
6/26/2009 8:25 AM Hold
None
12.71

(*) Stock Price at the time of the recommendation.
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