The sportswear leader famed for its iconic swoosh logo is under new management, though this turnaround could prove more marathon than sprint
Nike (NKE:NYSE) $79.43 Market cap: $117.5 billion Patient investors seeking a high-quality, progressive dividend-paying company with one of the globe’s most iconic brands should buy Nike (NKE:NYSE) , the lately-unloved sportswear giant trading at a discount to its own history with the shares down 20% over one year and 10% over five. Despite its recent struggles, Shares believes this is an opportune moment to buy the sneakers-to-soccer ball behemoth...