Nike Stock: Recovery In FY24 Will Drive Market-Beating Returns (NYSE:NKE)

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code6d Which brands initially come to mind when people think of sports? Well, when it comes to sportswear that ticks all the boxes-whether in terms of technical excellence or style - Nike, Inc. (NYSE:NKE) shines as one of the top choices. Nike isn't just a big player in the sports world; it's a globally recognized name, extending far beyond athletics. It's the reigning champion in the realm of apparel brands, valued at around $31.3 billion, outshining even luxury heavyweight Louis Vuitton under LVMH (OTCPK:LVMHF). To put it in perspective, adidas (OTCQX:ADDYY), a long-standing contender from Germany, takes the fifth spot...