Name of opportunity: 👀
Nike, Inc
Dynamic Air technology 👟
Nike has officially revealed its highly anticipated Air Max Dn8. This news means that footwear enthusiasts can finally see the latest innovative trainer design that Nike is releasing in stores next week.
Nike is a global household name in the world of trainers and footwear, so this highly anticipated new product reveal might have attracted investors, impacting the stock price.
Nike currently has strong cash flow and revenue and EBITDA, and analysts are recommending this stock as a ‘buy’.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Nike, Inc. might increase from $78.33 to $89.27 in the next 12 months. If you invested $1000, you might profit $139.72.
Nike stock has risen by 2.29% in the past day, which might be to do with the company officially revealing its new product, Air Max Dn8, a new shoe that has been teased since November last year. It will be available to buy from February 6.
Using Nike’s Dynamic Air technology more than its predecessor the Air Max Dn, it highlights the footwear brand’s innovation, which might have attracted investors and boosted their confidence in the company.
The Air Max Dn8 has a total of eight air chambers in the shoe, increasing the amount of Dynamic Air technology used. This aims to provide the wearer with a “bouncier” and “springier” sensation.
Another reason why this stock is on the move might be because Liverpool FC have recently revealed its spring training kit that it partnered with Nike to create. The kit is created with technology that helps keep players cool in temperature when out on the pitch.
Leading athletic footwear brand ⛹️
Nike is an American athletic footwear and apparel company that is headquartered near Beaverton, Oregon, United States. The company is the largest supplier of athletic shoes and appeal in the world.
Which neme?: 🔍
‘Top Stocks For Beginners’, ‘Sports’, ‘Popular Dividend Stocks’.
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