Nike Stock Isn’t the Best Idea for 2019, But It’s Still a Good Idea

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Nike stock is trading nearly 4% higher on a double dosage of good news. On one end, de-escalating trade tensions between the U.S. and China ease rising cost pressures for Nike and improve the company’s international growth prospects. On the other end, Citi came out and called Nike stock a “Best Idea” for 2019.

3 COMMENTS

  1. longing NKE and think it will improve over 2019. it is down 2.91% as of today though so… maybe I should have sold and bought in the dip again.

  2. so much back and forth on Nike stock. Look it is a good stock it will ultimately do well, is now the right time to buy? Probably not.

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