Will Nike Run Past Competitors in 2020?

A frothing market, overflowing with abundant returns and record breaking all-time highs has been a hallmark of 2019. With so many household names’ share price touching new peaks during the year, it will be interesting to see who can keep it up in the upcoming decade.Sports apparel and all-around ubiquitous brand, Nike (NKE), is one of those closing the decade on a high. The last week saw the global swoosh machine running up new peaks, with it currently trading at $101.57 a share, up 37% in 2019. Not to mention one 5-star analyst just cited the ticker as a top …read more

Source:: Yahoo Finance

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