Nike (NKE) is one of those long-term keeper stocks whose multi-thousand percent gains have made fortunes for some families.
Here we can see how it has squashed the competition:
And how NKE investors have been spoiled by quite reliable gains:
It’s easy to forget what a crazy idea it seemed in 1984 for a show company to hand millions to an athlete just to associate them with their shoe. How times have changed.
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