From Yahoo Finance: 2025-04-08 21:31:00

President Trump imposed new tariffs on U.S. imports, leading to retaliatory tariffs and market uncertainty. Blue-chip companies closed 0.91% lower, Nasdaq Composite 0.10% higher. Amidst these challenges, insider trading gains importance, reflecting confidence in a company’s future despite market conditions. Insider Monkey ranks the top 20 stocks insiders bought in April.

NIKE, Inc. (NYSE:NKE) is among the stocks insiders bought post-tariff rollout. An insider purchased $502,756 worth of shares at $58.46 each. Nike’s stock currently trades at $54.95, down 27.38% YTD. Third-quarter fiscal 2025 revenue was $11.3 billion, with a 9% decrease. Analysts rate Nike as a “Buy” with a price target of $89.11.

Nike is also listed among the 11 blue-chip stocks to invest in at 52-week lows. Despite its potential, Insider Monkey believes AI stocks offer higher returns in a shorter time frame. An AI stock showing promise is highlighted in their report. For more on AI stocks and billionaire stock picks, visit Insider Monkey’s website.

Read more: Insiders Bought in April After Trump’s Tariff Rollout