Key Points Nike doesn't need explosive growth to justify today's valuation. Wholesale sales are improving as Nike repairs retailer relationships. China and digital sales remain major turnaround challenges. 10 stocks we like better than Nike › Nike (NYSE: NKE) has lost roughly 79% of its value since hitting an all-time high of $179.10 in November 2021. With the stock now trading at around $37, its dividend yield has climbed to roughly 4.4%, making Nike the highest-yielding stock in the Dow Jones Industrial Average. Indeed, that's quite a fall for a company that remains one of the most recognizable consumer brands on the planet. Nike generated $46.
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