Nike: No Knight, No Problem
July 01, 2015 at 12:59 PM EDT
At almost 26 times forward earnings, Nike (NKE) looks pretty pricey. Yet recent market history bears out that the stock offers the same kind of lift as those expensive Air Jordan sneakers the company hawks to all the kids. Despite selloff and setbacks, Nike is has climbed consistently over the past decade, hitting a record [...]