Nike

HISTORY In 1958 the beginning of NIKE Inc. came about when Coach Bill Bowermen and business student Phil Knight, both from the University of Oregon, felt the need for a better athletic shoe. Through Bowermen’s athletic experience and Knight’s business background they designed and tried to sell their model of the perfect running shoe. None of the major companies trusted the engineering or demand for the new sneaker and therefore would not manufacture the …

…The $1 billion mark was achieved in 1990 and during the six year period referred to above, total assets have increased 917%. Stock as an Investment In my opinion, NIKE would be a good investment. NIKE Inc., is internationally known and is a stable company always on the up rise. As with all companies, objectives cannot be obtained smoothly. There will be some ups and downs, but the upside growth potential in the common stock is very probable.