logo
  Join        Login             Stock Quote

The One Stock To Own This Summer

 May 02, 2012 09:54 AM
 


(By Street Authority) This company makes some of the most well-known products in the world. It's slogan -- "Just do it" -- has become a mantra for a generation of young athletes...

I've personally owned this company in the "real-money" portfolio for my Stock of the Month advisory for half a year now. Since I bought it last November, I'm already up 16% on my original investment...

But I think this stock still has plenty of upside left... and thanks to a couple special catalysts this stock has going for it, I think now is a good time revisit this retail giant.

The stock I'm talking about is Nike (NYSE: NKE), the popular U.S. retailer. Not only are Nike's products some of the most recognizable on the planet, I think Nike stock could also be one of this summer's biggest winners.

Here's why...

First off, when it comes to athletic apparel, Nike is the market leader. Whether your sport is basketball, soccer, running, tennis, wrestling, or cheerleading -- Nike is known for its ability to provide high performance specialty footwear and apparel.

As a stock, Nike also delivers high performance. In the past five years, Nike has delivered an annual total return of 17.5%, compared with a paltry average annual return of 1.0% in the S&P 500 Index.

More recently, the company has performed well financially. On April 6, Nike reported the results from its third quarter of fiscal 2012 (ended Feb. 28, 2012). The company grew revenue by 15% and net income by 7% from the equivalent period a year ago.

Much of Nike's growth in the past few years has been supported by sales growth abroad.

Yes, U.S. consumers still love to spend money on sporting goods -- Nike's U.S. sales are up 17% -- but other countries are also growing hungry for Nike's products.


Next Page >>12
iOnTheMarket Premium
Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageMBIA Inc. (MBI) : BTI's $12 a Tough Task

MBIA Inc. (NYSE:MBI) is doing well on a day stocks are struggling The guarantee insurance company is the read on...

article imageUrban Outfitters, Inc. (URBN) Q2 Earnings Preview: A Snug Fit

Urban Outfitters, Inc. (NASDAQ:URBN) will hold a webcast to discuss its second quarter of fiscal-year 2015 read on...

article imageEstee Lauder Companies Inc. (EL) Q4 Earnings Preview: Options Player Betting On EL’s EPS Looking Pretty

Estee Lauder Companies Inc. (NYSE:EL) will release fiscal 2014 fourth quarter and full year financial read on...

article imageHerbalife Ltd. (HLF): 3 Reasons To Pay Attention to Recent Insider Buying

Well, well, well… it looks as if boardroom buyers viewed the recent selloff as an opportunity to buy. read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.