1 S&P 500 Stock to Buy With $1,000 in 2025 and Hold for 5 Years (or Longer)
It's the start of a new year. The economy is on solid footing, and the stock market is roaring higher. Some businesses are being left behind, though. In fact, there's a longtime industry leader that has struggled to grow revenue and profits recently. And the shares are trading 60% off their all-time high from over three years ago.Nonetheless, I think patient investors should seriously consider buying this S&P 500 stock with $1,000 in 2025 and holding for five years or longer.Based on recent trends, it's certainly difficult for anyone to be even remotely optimistic about what's going on at Nike (NYSE: NKE). The company has dominated the global sportswear market for decades, but it has hit a major rough patch. Revenue was flat in fiscal 2024 (ended May 31) and down 9% in the first six months of fiscal 2025 (ended Nov. 30).Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool