These elite brands offer above-average yields and excellent return prospects.The S&P 500 has rocketed 20% year to date, but not all stocks are following the index's lead and some top consumer brands have reported weak revenue performance this year which has hurt their stocks. Nike (NKE 1.46%) and Starbucks (SBUX -1.08%) have seen their share prices fall in 2024 well off their previous highs. From a glass-half-full viewpoint, the price drop ended up boosting their dividend yields.Here's why these two dividen ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Apparel titan Nike (NKE) is gearing up to reveal its next set of quarterly results next Tuesday, reflecting one of the earlier releases we’ll get in the Q3 cycle.The stock has been a big disappointment in 2024, down nearly 20% and reflecting one of the bigger large-cap underperformers. As shown below, shares have made a nice move off their lows, perhaps a signal of trend reversal.Image Source: Zacks Investment ResearchBut do earnings expectations warrant further near-term bullishness? Let’s take a closer lo ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Bill Ackman and Warren Buffett see value in these top retail stocks.If you want to invest like a billionaire, you have to be willing to buy shares when a company is experiencing temporary problems. It's only when the near-term outlook is gloomy that you can invest in a great business below what it's worth.Pershing Square's Bill Ackman and Berkshire Hathaway CEO Warren Buffett have executed a value-based strategy to amass multi-billion-dollar fortunes. While Wall Street chases hot tech stocks, Ackman and Buf ...

Here's how Elliott Hill will look to turn the company around.Shares of Nike (NKE 6.84%) jumped after the company announced that its CEO was stepping down and it is bringing back a former longtime exec to run the company.Outgoing CEO John Donahoe's tenure at the company had not been a smooth ride since he took over the helm in January 2020, with the stock down about 20% from the time he took the role until the announcement of his ousting. Donahoe didn't have a lot of brand experience before getting the job, ...

Nike surprised investors with a new CEO Thursday.One month ago, Nike (NKE 6.84%) stock bizarrely jumped when Starbucks named a new CEO. While that news had nothing to do with Nike, it seemed to give investors a glimmer of hope that change was possible at the struggling footwear giant as Starbucks, which had been similarly flopping, jumped when it announced Brian Niccol as its next CEO.Now Nike is indeed following in Starbucks' footsteps, having announced its own CEO change after hours on Thursday, and the s ...

The announcement that Nike Inc NKE is bringing in Elliot Hill as the new CEO could be a positive change given his experience and company tenure, but it raises questions about the company’s strategy for a turnaround and plans to return to revenue growth.The Nike Analysts: Piper Sandler analyst Anna Andreeva maintained a Neutral rating with a $80 price target.KeyBanc analyst Ashley Owens maintained a Sector Weight rating with no price target.Stifel analyst Jim Duffy maintained a Hold rating with a $79 price t ...

Key Takeaways Nike's hard-hit shares topped the Dow's leaderboard Friday as Wall Street analysts largely welcomed the company's appointment of longtime executive Elliott Hill as its new CEO. Jefferies stuck with its hold rating noting that Hill will have to handle headwinds including more competition since he left the firm four years ago. Bank of America maintained its buy rating and said Hill's long previous tenure with Nike bodes well for its restructuring. Nike's (NKE) hard-hit shares rallied Friday, top ...

Shares of NIKE, Inc. NKE are rallying after the company appointed Elliott Hill as its new CEO, aiming to rejuvenate sales by mending ties with retailers.But as you can see on the chart, the shares ran into resistance around $88.50. This isn't a surprise. It's why our team of trading experts has made it our Stock of the Day.There is resistance around the $88.50 level because it was support in April. Price levels that had previously been support can convert into resistance. This is a common occurrence not jus ...