Best Stock to Buy Right Now: Nike vs. Apple
Which of these iconic American brands has a brighter future?
Nike (NYSE: NKE) and Apple (NASDAQ: AAPL) are often considered stable blue chip stocks for conservative investors. They're two of the most iconic American brands, they have plenty of pricing power, and they lead their respective markets.
But over the past three years, Nike's stock price was cut in half as Apple's stock price rallied over 30%. Let's see why the tech giant outperformed the athletic footwear and apparel maker by such a wide margin -- and if it's still the better buy right now.
Image source: Getty Images.
