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NKE - If You Invested $10000 in Nike's IPO This Is How Much Money You'd Have Now
Nike Inc.
Finding a great brand that's growing fast and buying the stock while the company is still small can lead to life-changing returns.
Nike(NYSE: NKE) first started selling athletic shoes under its trademark brand in 1972. The Nike Cortez is considered a classic -- a style that the company still sells today.
That first year marked the beginning of an explosive decade of growth, which came amid a brutal bear market for investors. But even a staggering economy in the late 1970s couldn't slow down the rapid revenue growth Nike was experiencing.