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Nike (NKE)

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    Nike: Somewhat Expensive

    by The Compound Investor July 3, 2020
    July 3, 2020

    Nike (NKE) stock surely ranks as one of the market’s great long-term wealth creators. The sporting goods giant IPO’d back in late-1980 at the split-adjusted price of 18¢. The current price is a shade over $98.40. Even ignoring all the dividend cash paid out in that time, you can see this has been a life changing investment for a lot of folks. With that firmly…

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