Best Stock to Buy: On Holding vs. Nike

Swiss athletic footwear and apparel maker On Holding (ONON -3.54%) has grown a lot faster than American industry bellwether Nike (NKE -0.23%) over the past few years. But here's an ironic twist: On probably wouldn't exist without Nike.Olivier Bernhard, a former Swiss Ironman champion and Nike athlete, originally pitched his design for a proprietary "cloud" shoe cushioning technology to Nike. These cushions, which were developed by studying the flexibility of garden hoses, would relax when a runner's foot wa ...