When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
ADDYY - adidas: Strong Fundamentals Make It Compelling For Long Term
Adidas AG ADR - Level I
2024-07-19 08:51:08 ET
Summary
Adidas has outperformed Nike and Puma in stock price performance, with a 28% return year-to-date.
Adidas reported a revenue decrease in 2023 but is projected to see growth in 2024 and 2025, with a strong Q2 performance.
Buy Rating: Considering its growth prospects, strong financial data, and resilience against market fluctuations, Adidas stock is recommended with a buy rating.