4 Reasons to Buy Nike Stock Like There's No Tomorrow

The stock's recent weakness dismisses all the factors now working in the sports apparel maker's favor.It's been a tough past couple of years for athletic apparel company Nike (NKE 1.69%), and by extension, for its shareholders. Nike stock is down more than 40% from its late-2021 high and still trading within sight -- and reach -- of 2022's multiyear low.A combination of competition, a lack of innovation, and the fallout from the COVID-19 pandemic are still taking a lingering toll. Its most recently reported ...