New Stock Pick – May 2017
Sector – Consumer Cyclicals
Industry – Textiles & Apparel
Market Cap – Large
Total Revenue – $32.4B
Net Income – $3.7B
Return on Equity – 32.60%
Earnings Per Share (EPS) – 2.40
Purchase price – $53.95 / 40 Shares
May 2017 Stock Pick – NIKE, Inc.
Symbol – NKE
Nike is the worldwide leader in athletic apparel and footwear. Its global prominence exceeds any other brand in its industry. It is also the home of many popular signature shoe collections by some of the greatest athletes. The company’s continued dominance in its market and consistent financial growth makes it a strong position to add to the portfolio.