Why Nike Stock Could Be 2025's Top Comeback Play
Portfolio Pulse from
Nike Inc (NYSE: NKE) shares have been consolidating after a three-year downtrend, with prices nearly 60% lower than their 2021 all-time high, now at 2018 levels. The downtrend appears to be losing momentum, suggesting a potential comeback.
January 31, 2025 | 4:15 pm
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Nike's stock has been consolidating after a significant downtrend, with shares 60% below their 2021 peak. The downtrend seems to be losing momentum, indicating a potential recovery.
Nike's stock has been in a downtrend for three years, but the recent consolidation suggests that the downward momentum is weakening. This could indicate a potential recovery, making it a possible comeback play for 2025.
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