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

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?

Before you buy stock in Nike, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nike wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $782,682!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of October 7, 2024

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.