Fool.com contributor Parkev Tatevosian makes the case for why this dividend stock deserves a spot in your portfolio.
*The stock prices used were the midday prices of May 23, 2024. The video was published on May 25, 2024.
Should You Invest $1,000 in Nike Right Now?
Consider the following before buying shares in Nike:
The Motley Fool stock advisor The analyst team has just identified what they think is the 10 best stocks for investors to buy now… and Nike wasn’t one of them. The ten stocks that survived the cut could deliver monster returns in the coming years.
Think about when Nvidia made this list on April 15, 2005… if you had $1,000 invested at the time of our recommendation, you would have $652,342!*
Stock Advisor provides investors with an easy-to-follow blueprint for success, including portfolio building guidance, regular analyst updates, and two new stock picks per month. The Stock Advisor is on duty more than quadrupled the return of the S&P 500 since 2002*.
View the 10 stocks »
*Stock Advisor returns May 13, 2024
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool holds and recommends positions in Nike. The Motley Fool recommends the following options: Long calls of $47.50 in January 2025 on Nike. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may receive compensation for promoting its services. If you choose to subscribe through his link, he will earn some extra money to support his channel. His opinions remain his own and are not influenced by The Motley Fool.
1 Spectacular Dividend Stock Down 49% You’ll Regret If You Didn’t Buy on the Dip Originally published by The Motley Fool
