8 Best Socially Responsible Stocks to Buy According to Hedge Funds

4. NIKE, Inc. (NYSE:NKE)

Number of Hedge Fund Investors: 75

NIKE, Inc. (NYSE:NKE) is a global leader in the design, development, and marketing of athletic footwear, apparel, equipment, and accessories. The company has built a reputation for excellence, driven by its commitment to performance, innovation, and a deep connection with athletes and sports enthusiasts worldwide. NIKE, Inc.’s (NYSE:NKE) initiatives in sustainable manufacturing, such as using recycled materials and reducing carbon emissions, reflect its commitment to environmental stewardship and corporate responsibility.

NIKE, Inc. (NYSE:NKE) is reinvesting in its brand to create stories that inspire and emotionally connect with consumers during important sports moments and critical product launches. The company has launched marketing campaigns such as “Winning Isn’t Comfortable” and has announced long-term partnerships with major sports organizations and leagues, including the NBA, WNBA, NFL, and the Brazil Football Confederation. These partnerships aim to enhance brand visibility and provide a platform for showcasing the company’s innovative products and athlete stories to drive consumer interest and loyalty.

Additionally, NIKE, Inc. (NYSE:NKE) is rebuilding trust with its key wholesale partners, who have been impacted by recent business decisions. The company is also committed to delivering new and innovative products, telling compelling stories, and supporting mutually profitable growth. This includes providing partners with access to the latest innovations, marketing support, and strategic collaboration to ensure successful sell-through and a healthy marketplace.