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Nike spikes to record high after Goldman boosts its rating to ‘buy’

"We believe Nike is on the cusp of a sharp acceleration in EPS growth," a team of Goldman Sachs analysts led by Alexandra Walvis wrote Thursday.

‘Tremendous current momentum’: Here’s what Wall Street is saying about Nike’s blockbuster earnings report

Nike reported fiscal first-quarter earnings that beat even the most optimistic Wall Street forecasts.

Nike spikes to record high after beating every single Wall Street profit forecast

Growth was boosted by strong sales, especially a 27% increase in sales in Greater China that showed that Nike's transformation efforts are paying off.
A pair of Nikes are inspected at Goat for authenticity.

Nike has a monster rally ahead as it appears to be solving biggest problem, analyst says

Data suggests Nike has successfully solved its inventory problem and is getting boosts from China and other markets, an analyst said.

Nike’s controversial Kaepernick ad has millennials snapping up shares

Nike is currently the 52nd most-popular stock on the brokerage Robinhood, and has seen its holdings skyrocket thanks to the Kaepernick ad campaign. Twenty-two thousand investors on Robinhood currently own the stock, up 18% from less than a week ago.

Nike slides after tapping Colin Kaepernick as the new face of its ‘Just Do It’ ads

Kaepernick, the former San Francisco 49ers quarterback, has accused National Football League owners of collusion to keep him from playing this season following his leadership in protests during the National Anthem at games.

Nike’s competitive advantage is a lot like Amazon’s

Nike has a big advantage over its competition, according to Nomura Instinet analyst Simeon Siegel. The sneaker giant can simply outspend other sports-apparel retailers, Siegel wrote in a note out to clients. In that sense, Nike reminds Siegel of Amazon.

There’s a better and cheaper way to trade Nike’s resurgence than buying the stock

"We see Foot Locker as a better (and cheaper) way to play Nike, and Under Armour a great way to play industry strength,” Randal Konik, an analyst at the firm, told clients in a note Friday.

One telling data point shows Nike is dominating Adidas in sneakers

Nike is the dominant brand in footwear retailing, and one may think it would plateau at a certain point. But one piece of data shows that isn't the case. Discounts on Nike products are far less severe than on Adidas products, and it looks as if Nike is pulling away even more from its competition.

Nike is ‘back in business’ — and threatening to reclaim its sneaker crown from Adidas

Nike reported third-quarter earnings that blew past analysts' estimates, signaling optimism of its comeback in the US sneaker market.