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Nike (#NKE) is known for their athletic apparel, but give it some time and they may be known for their rapid stock and dividend growth!
This evening the company reported Q4 earnings and SMASHED analyst expectations. EPS beat by $0.42 and revenue totaled $12.34B (+95.6% Y/Y).
It's almost unbelievable to see near 100% growth in a mature name like #Nike, but they're expanding globally! Is paying more than $130 for a share of Nike expensive? Or is it actually cheap?
Nike (#NKE) is known for their athletic apparel, but give it some time and they may be known for their rapid stock and dividend growth!
This evening the company reported Q4 earnings and SMASHED analyst expectations. EPS beat by $0.42 and revenue totaled $12.34B (+95.6% Y/Y).
It's almost unbelievable to see near 100% growth in a mature name like #Nike, but they're expanding globally! Is paying more than $130 for a share of Nike expensive? Or is it actually cheap?