Nike stock price dropped while Apple's rose, Nike facing challenges, Apple a safer investment
From Nasdaq: 2025-02-11 04:30:00
Nike (NYSE: NKE) and Apple (NASDAQ: AAPL) are iconic American brands, but Nike’s stock price dropped by half in the past three years while Apple’s rose over 30%. Nike faced revenue stagnation in fiscal 2024, with weak e-commerce sales and struggling North American business. Apple’s revenue grew steadily, driven by services and iPhone sales.
Nike plans to revive its business by strengthening relationships with wholesale retailers and focusing on premium products. However, challenges remain, including a potential tariff war between the US and China. Apple, on the other hand, continues to innovate and generate substantial cash reserves, making it a safer investment option.
Despite a recent stock price decline, Nike faces more challenges compared to Apple, which continues to grow steadily. Apple may not see explosive growth, but it remains a solid investment choice. Consider other potential stock options for greater returns, as recommended by the Motley Fool’s Stock Advisor team.
For more information on potential investment opportunities and expert stock recommendations, consider joining the Motley Fool’s Stock Advisor service. The service has a proven track record of outperforming the S&P 500 and providing valuable insights for investors. Make informed decisions before investing in stocks like Apple or Nike.
Read more at Nasdaq: Best Stock to Buy Right Now: Nike vs. Apple