No For Now On Nike


  • Income-based investors frequently like to purchase dividend-growth stocks that have a solid record of growing their dividends over the long run.
  • Nike is a stock that seems to meet this criterion.
  • With a recession looming and current price levels, now is likely not the best time to purchase shares.

Black and Red Air Jordan Sneaker

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Many American investors are focused on the income their holdings might provide. Some want current income; others want future income. The former tend to focus on purchasing shares in companies or funds with higher yields. What constitutes a high

The last five years of historic PE ratios for Nike

Nike PE ratio (YCharts)

Disclosure: I/we have a beneficial long position in the shares of LOW, JNJ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I am not an investment professional. The preceding is intended for informational and educational purposes. Please make sure to perform due diligence before investing in equities, as losses up to all capital invested can occur.

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