Despite economic uncertainties, the athletic industry is well-positioned for growth. Increased interest in sports and fitness activities worldwide and the significant influence of fashion and lifestyle trends on athletic wear are driving the industry’s prospects.
However, not all stocks are well-positioned to capitalize on the industry tailwinds. While I think NIKE, Inc. (NKE) is a great watchlist addition, Foot Locker, Inc. (FL) is best avoided now.
