Nike vs. On: Which Stock Is the Better Buy?

Nike (NYSE: NKE) stock continues to falter as the athletic giant tries to find its footing, but its industry peers aren't doing much better. Nike stock is down 15% over the past year, but newcomer On Holding (NYSE: ONON) is down 11%, and Lululemon Athletica has lost half of its value. Nike and On are two sides of the same coin. Nike represents the established industry leader, while On is the new and exciting start-up. Let's see which one is the better buy today. Will AI create the world's first trillionair ...