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After Nike's Struggles, These 2 Stocks Are Better Buys

Motley Fool - Tue Oct 8, 10:23AM CDT

Nike(NYSE: NKE) recently reported a terrible quarter, and there doesn't seem to be a turnaround in sight. That puts it in sharp contrast to On Holding(NYSE: ONON) and Deckers Outdoor(NYSE: DECK), which are growing like crazy. In this video, Travis Hoium shows how these two growth stocks are outperforming Nike.

*Stock prices used were end-of-day prices of Oct. 4, 2024. The video was published on Oct. 7, 2024.

Should you invest $1,000 in Nike right now?

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Travis Hoium has positions in On Holding. The Motley Fool has positions in and recommends Nike. The Motley Fool recommends On Holding. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.