Forget Nike: Buy This Magnificent Growth Stock Instead

This smaller business is reporting much better revenue and earnings growth.As one of the world's most recognized brands, Nike (NKE 0.44%) is a name that is all too familiar with consumers and investors alike. The business has come to dominate the athletic apparel and footwear industries, generating $51.6 billion in trailing-12-month revenue and sporting a market capitalization of $143 billion.However, this consumer-discretionary stock hasn't made for a smart investment. Its shares are down 30% in the past t ...