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Should You Add Nike Inc (NKE) Stock to Your Portfolio Wednesday?

Wednesday, March 27, 2024 11:15 AM | InvestorsObserver Analysts

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Should You Add Nike Inc (NKE) Stock to Your Portfolio Wednesday?

Nike Inc (NKE) is near the middle in its sector according to InvestorsObserver. NKE gets an overall rating of 30. That means it scores higher than 30% of stocks. Nike Inc gets a 44 rank in the Consumer Cyclical sector. Consumer Cyclical is number 5 out of 11 sectors.

Overall Score - 30
NKE has an Overall Score of 30. Find out what this means to you and get the rest of the rankings on NKE!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. *Investors Observer* allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 30 would rank higher than 30 percent of all stocks. Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in consumer cyclical or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Nike Inc Stock Today?

Nike Inc (NKE) stock is trading at $92.96 as of 11:09 AM on Wednesday, Mar 27, a gain of $0.38, or 0.41% from the previous closing price of $92.58. The stock has traded between $92.32 and $93.31 so far today. Volume today is less active than usual. So far 3,963,487 shares have traded compared to average volume of 9,916,185 shares. Click Here to get the full Stock Report for Nike Inc stock.

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