Nike has exhibited some great growth, and has many qualities that make it very attractive; however, the company is not suitable for the Defensive Investor because it is trading at too high PEmg and PB ratios. Enterprising Investors are not as concerned about those ratios, though, and the company passes all of the requirements for that investor type.
We looked at 10 different companies this week, each of which is a component of the Dow Jones Industrial Average. Here’s a summary of the ModernGraham Valuations.
Company Profile (obtained from Google Finance): NIKE, Inc. (NIKE) is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services. NIKE is a seller of athletic footwear and athletic apparel worldwide. The Company sells its products to retail accounts, through NIKE-owned retail stores and Internet sales, and through a mix of […]