Fool.com contributor Parkev Tatevosian makes his case for why this dividend stock deserves a spot in your portfolio.
*Stock prices used were the afternoon prices of May 23, 2024. The video was published on May 25, 2024.
1 Spectacular Dividend Stock Down 49% You'll Regret Not Buying on the Dip
By Parkev Tatevosian, CFA – May 26, 2024 at 3:13AM
NYSE: NKE
Nike
Market Cap
$97B
Today's Change
(-0.69%) $0.45
Current Price
$64.90
Price as of October 30, 2025 at 3:58 PM ET
Passive income investors rarely get to buy this dividend stock at these valuations.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.