UK markets closed
  • FTSE 100

    5,577.27
    -4.48 (-0.08%)
     
  • FTSE 250

    17,214.38
    +36.70 (+0.21%)
     
  • AIM

    948.60
    -0.70 (-0.07%)
     
  • GBP/EUR

    1.1115
    +0.0051 (+0.46%)
     
  • GBP/USD

    1.2951
    +0.0028 (+0.22%)
     
  • BTC-GBP

    10,420.86
    -32.79 (-0.31%)
     
  • CMC Crypto 200

    265.42
    +1.78 (+0.68%)
     
  • S&P 500

    3,269.96
    -40.15 (-1.21%)
     
  • DOW

    26,501.60
    -157.51 (-0.59%)
     
  • CRUDE OIL

    35.72
    -0.45 (-1.24%)
     
  • GOLD FUTURES

    1,878.80
    +10.80 (+0.58%)
     
  • NIKKEI 225

    22,977.13
    -354.81 (-1.52%)
     
  • HANG SENG

    24,107.42
    -479.18 (-1.95%)
     
  • DAX

    11,556.48
    -41.59 (-0.36%)
     
  • CAC 40

    4,594.24
    +24.57 (+0.54%)
     

Forget Gap, Nike Is a Better Growth Stock

Jennifer Saibil, The Motley Fool
·5-min read
Forget Gap, Nike Is a Better Growth Stock
Forget Gap, Nike Is a Better Growth Stock

Over the past few decades, Nike (NYSE: NKE) has emerged as the top activewear brand in the world, making more in revenue than most of its competitors combined. While rivals keep sprouting to challenge the dominant player in the industry, Nike has been able to effectively keep its leadership position and grow its fan base and sales. Nike's popularity wasn't enough to stave off a large sales drop over the pandemic, but the company had enough cash to keep operations flowing.