Is Nike an Excellent Stock to Buy for 2023?

Nike (NKE -2.36%) could experience a better year in 2023 as China, one of its main geographies for sales, reopens its economy. This video will answer whether now is an excellent time to buy Nike stock.

*Stock prices used were the afternoon prices of Dec. 12, 2022. The video was published on Dec. 17, 2022.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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