Forget Nike Stock: Look At These Better Picks
1. Nike reported unexpected sales growth but anticipates sales decline ahead. 2. Better-than-expected results raised NKE's stock temporarily, despite cautioning on future performance. 3. Tapestry and Lululemon present strong investment alternatives due to better valuation. 4. High Quality Portfolio outperformed benchmarks, suggesting lower risk with higher returns. 5. Valuation analysis indicates potential overvaluation risks for Nike compared to peers.