Name of opportunity: 👀
Nike, Inc
The footwear brand is rising in price 👟
Nike, Inc has seen a price increase in the past day, going up 2.75%. The stock has also been up slightly this past week overall, at 0.75%. This increase in value might be to do with the NFL and Nike extending their partnership for another 10 years.
Nike is an income stock, which means it pays out a portion of its profits to shareholders. Nike’s dividend yield is 1.77%. If you invested $1000, you might be paid $17.70 a year in dividends (based on the last 12 months). Analysts are currently recommending Nike has a ‘buy’.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Nike, Inc. might increase from $78.89 to $101.01 in the next 12 months. If you invested $1000, you might profit $280.41.
Nike are the world's largest suppliers of athletic footwear, and have recently extended their deal with the NFL for another decade. It's been reported that the NFL have been trying to gain worldwide recognition, with a higher number of NFL International Series games taking place at stadiums in different countries, and the deal with Nike only helps push this.
When two recognised brands/associations join together like this, it can attract investors due to the potential of growth and stability for both companies. This new chapter for Nike and the NFL will hopefully drive growth and innovation in the world of football, which might be one of the reasons why Nike stock is on the rise.
Due to Nike’s consistent success, investing in its stock is recommended for beginners, due to its stability and solid customer-base.
Globally recognised footwear brand ⚽
Nike, Inc, is an American athletic footwear and apparel company, and the largest supplier of athletic footwear worldwide. Nike is headquartered in Washington County near Beaverton, Oregon, United States.
Which neme?: 🔍
‘Top Stocks For Beginners’, ‘Sports’, ‘Popular Dividend Stocks’.
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