HomeTechHardwareNike (NKE) NFT Business & Apple (AAPL) Stock Pros & Cons

Nike (NKE) NFT Business & Apple (AAPL) Stock Pros & Cons

"Nike (NKE) will face tough market conditions until things stabilize as they only have one line of business with a narrow profit margin. I am not sure if Nike investing in additional stores will add value. The NFT business is innovative and paying off. Pros for the Apple (AAPL) stock are that the company has healthy profit margins and is the largest company in the world. Cons for the Apple (AAPL) stock are supply chain concentration and product sales are their premium provided with lower cost alternatives," says Tammy Trenta.

Market On Close

29 Sep 2022

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