Managing director and portfolio manager Sarah Henry joined TD Ameritrade Network to discuss Nike earnings. She shares her thoughts on why she believes Nike is a growth stock. “They are a very responsible steward of capital. They raise the dividend every year, they have a ton of cash flow,” says Sarah. “This is not only a growth stock but a stable growth stock. I think that going forward as we are here in the later cycle, it’s going to add to the relative merits of the story and support a higher multiple going forward.”
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