Nike: Is a Turnaround in the Stock Near?

Nike (NYSE: NKE) shares rallied after the sneaker and apparel maker's fiscal first-quarter results showed some signs of a potential turnaround. The stock, however, is still down slightly on the year and has fallen by more than 40% over the past five years.Let's take a closer look at Nike's recent earnings to see if a turnaround is near and if investors should be buying the stock.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool