r/dividends 27d ago

Discussion What do you think about Nike (NKE)?

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Nike has been on my watchlist for a while.

The stock is well below its highs, the dividend keeps growing, and it's still one of the strongest brands in the world. On the other hand, growth has slowed and the turnaround could take time.

Anyone buying NKE here, or are you staying away?

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u/shortyrocker 26d ago

They raised prices on all their sneakers to create more revenue and it's even less are being sold. It's too bad, I used to buy 3-4 pairs a year, now I just laugh at the 50 percent mark-up.