NASDAQ Stocks - Nike Inc in MARKETS - CMP: $59
NIKE, Inc. designs, develops, and markets athletic footwear, apparel, equipment, and accessory products for men, women, and children. ...
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03-25-2013 06:13 PM
Nike Inc
CMP: $59
NIKE, Inc. designs, develops, and markets athletic footwear, apparel, equipment, and accessory products for men, women, and children. The Company sells its products worldwide to retail stores, through its own stores, subsidiaries, and distributors.
Nike is a $53 Billion market cap company trading at a P/E of 23. Revenues have risen from $19 Billion to $24 Billion in the last 2 years. Profits have risen from $1.91 Billion to $2.22 Billion in the last 2 years. Profit margins have dipped marginally from 10% towards 9% in the last 2 years. With not much debt, its a good buy for long term.
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