Nike (NYSE: NKE) is one of the standout names on my watchlist this month. The company needs little introduction—it’s a global leader in athletic footwear, apparel, and equipment. With products ranging from performance shoes to lifestyle apparel, the brand has built strong consumer loyalty. Owning a pair of Nike shoes personally, the quality and durability speak for themselves. But while the brand remains strong, the stock performance has lagged. Nike has underperformed broader indices this year, reflecting both company-specific challenges and broader market pressures. Nike hasn’t had a great run this year. Last week, it closed at $60.59, trading closer to the bottom of its 52-week range of $52.28 to $98.04. That decline has made it more interesting as a potential value pick, especially if
May is Done! How Do You Expect June Movement?
S&P 500 has risen 6.15% this month, marking its best monthly gain of the year. After April’s sell-off and May’s surge, did you make any money? There’s a saying: “Sell in May and go away.” Will you follow it? Interestingly, the market clearly ignored that advice last year. However, June hasn’t historically been a standout month in terms of performance. Historically, the market has NEVER made the top for the year in the month of June. (since 1980) Will you continue to hold or take profits? Will June defy seasonal patterns, or see a temporary cooldown?
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