10 Best Kid-Friendly Stocks To Buy Right Now

5. NIKE, Inc. (NYSE:NKE)

Number of Hedge Fund Holders: 75

NIKE, Inc. (NYSE:NKE) is an athletic footwear and apparel company, with a market share of almost 35% in the sports footwear category in the United States. The company is known for its brand image as a leading athletic footwear company, popular among sports fanatics. In December alone, the company signed major agreements with sports organizations such as the Brazilian Football Confederation and the Uruguayan Football Association. In addition to that, NIKE, Inc. (NYSE:NKE) also launched new exclusive shoes in collaboration with major players such as Paige Bueckers. These key branding strategies and partnerships allow NKE to establish a strong footing in the industry.

On the financial front, in the fiscal first quarter of 2025, NIKE, Inc. (NYSE:NKE) generated $11.6 billion in revenue, of which the NIKE Brand revenues were $11.1 billion, NIKE Direct revenues were $4.7 billion, and wholesale revenues were $6.4 billion. In the same quarter, the company saw a 120 basis point increase in gross profits, reaching 45.4%. NIKE, Inc. (NYSE:NKE) shares that their results met expectations and expects momentum to grow further.