Today, the owners of this blog purchased shares of Nike, ticker symbol NKE. The stock was noted by Jim Cramer recently as not having participated in the large rally the stock market has seen in the past few days. This is particularly noticed by me because the high of the year is over $99 per share. With shares at around $96 per share, there is already a nice discount. Also, with Holiday sales, I expect Nike will do very well.
This stock, along with Amazon (AMZN), is going to be a big winner this holiday season IMO.
Disclosure, long NKE and AMZN.
This stock, along with Amazon (AMZN), is going to be a big winner this holiday season IMO.
Disclosure, long NKE and AMZN.
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