It's
really hard to find a good investment at today's overvalued financial
markets. The S&P 500 is at a 24.08 TTM P/E ratio, which is
historicaly really high. Nike (NKE) has a TTM P/E 22.32, while it
presented a really inpressive growth in the last ten years. Nike's
revenues increased 8.03% annually in the last ten years. (CAGR,
2006-2016) At the same time frame, the EPS increased 12.59% and the
annual dividend increased 15.44%.
As
I'm
looking at these growth numbers, I'm
seeing a wonderful company, so
I bought a few Nike shares last week. Nike
has 1.35% dividend yield, which is really low, but I like it's
growth prospects and I believe that my yield on cost will increase
significantly in the next few years.
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