1. As of noon trading, Nike ( NKE) is up $0.38 (0.5%) to $76.82 on average volume. Thus far, 2.6 million shares of Nike exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $76.40-$77.18 after having opened the day at $76.94 as compared to the previous trading day's close of $76.44.

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide. Nike has a market cap of $54.4 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 26.2, above the S&P 500 P/E ratio of 17.7. Shares are up 48.1% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Nike a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Nike as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Nike Ratings Report now.

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