Devoted to bringing you insightful research, commentary and investigation on companies we – women – love. We are the world’s best and most loyal consumers by shopping at their stores and buying their products. To sell and market to us and become a national brand takes intelligence and the right aggressive attitude along with providing solid, quality and long lasting products and services.
While presenting in a conservative and neutral view on highlighted companies, The Savvy Profiler is designed to give aggressive ideas and insight on investing in big name companies, yet with safe growth – regardless of the general market direction. This week’s Savvy Profile:
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Company Name: Nike, Inc.
Ticker: NKE
Last Trade: $99.98
5wk Range: 76.98 – 114.81
Business Summary:
NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of footwear, apparel, equipment, and accessory products for men, women, and children worldwide. The company offers products in the categories of running, training, basketball, soccer, sport-inspired casual shoes, and kids shoes. It also markets footwear designed for baseball, cheerleading, football, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and other athletic and recreational uses. In addition, Nike sells sports apparel and accessories, sports-inspired lifestyle apparel, athletic bags, and accessory items; and markets apparel with licensed college, professional team, and league logos. Further, the company sells performance equipment, including bags, socks, sport balls, eyewear, timepieces, electronic devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities under the brand name of NIKE; and various plastic products to other manufacturers. It offers products under the trademarks of Cole Haan, Converse, Chuck Taylor, All Star, One Star, Star Chevron, Jack Purcell, Hurley, and Umbro. The company sells its products through retail accounts, its own retail stores and Internet sales, independent distributors, and licensees. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
Recent Headlines on Nike, Inc.:
- V Foundation raised $10.5M in 2011at bizjournals.com(Tue 11:16AM EDT)
- How High Can Under Armour Fly?at Motley Fool(Tue 9:54AM EDT)
- U.S. Stock Futures Rise as Fed Official Backs Stimulusat Bloomberg(Tue 7:02AM EDT)
- More Glum Financial News From Struggling China Icon Li Ningat Forbes(Mon, Jun 11)
- Buy Nike – Just Do It: Scott Nationsat CNBC(Mon, Jun 11)
- [video] Trade of the Day: Nike Falls 1% Todayat CNBC(Mon, Jun 11)
- Skechers shares rise on analyst upgrade to “Buy”AP(Mon, Jun 11)
- Game Changer: Mega-Lawsuit May Upend Footballat Minyanville(Mon, Jun 11)
- Lululemon Is A Stronger Buy After Earningsat Seeking Alpha(Mon, Jun 11)
- With Euro 2012 under way, a look at Nike’s rise in soccerat bizjournals.com(Mon, Jun 11)
Recent Press on Nike Inc.:
- NIKE, Inc. Announces Leadership Change at HurleyBusiness Wire(Mon, Jun 4)
- NIKE, Inc. to Divest of Cole Haan and Umbro to Focus on Accelerating Growth Through NIKE and Complementary Sport BrandsBusiness Wire(Thu, May 31)
- A Forward Look, The Year Ahead – Featured Research on Crocs, Inc. and NIKE, Inc.Marketwire(Wed, May 30)
Company Overview:
Target Price: $76.20
Risk: MEDIUM
Short Term Rating: HOLD
Long Term Rating: BUY
*analyst ratings are from wikiwealth.com
(http://www.wikiwealth.com/research:nke)
To making money,
Lourdes Janzen
LJ Investment Research
Disclaimer All materials in this email are provided as opinion only, and may not be construed as personalized investment instruction. No action should be taken based solely on the contents of this information; instead, readers should consult appropriate investment professionals and perform proper due diligence. All securities trading, whether in stocks, options, or other investment vehicles, is speculative in nature and involves substantial risk of loss. We encourage our readers to invest carefully and to utilize the information available at the websites of the Securities and Exchange Commission at http://www.sec.gov and the National Association of Securities Dealers at http://www.nasd.com. This email should be viewed as an opinion only, and no financial decisions of any kind should be made based on the opinions presented in this piece. LJ Investment Research is not a registered broker/dealer and does not purport to provide any analysis of any company’s financial position, operations or prospects and should not be construed as a recommendation or an offer or solicitation to buy or sell any security. You are receiving this Game Time Stock Picks email alert because you signed up to receive them. If you are receiving these alerts by mistake, please hit the unsubscribe button below. LJ Investment Research
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