Personal Finance
NKE

If You're in Your 50s, Consider Buying This Stock

NKE Chart

As an investor in your 50s, you're likely looking to grow your nest egg so that it can help support you when you retire. You're probably also interested in building a passive income stream, ideally one that will grow over time.

Fortunately, well-chosen dividend growth stocks can help you accomplish both of these goals. And with its powerful wealth-building combination of increasing dividend payouts and strong share price appreciation, Nike (NYSE: NKE) is one of the best available in the market today.

NKE Chart

NKE data by YCharts .

All told, Nike offers investors an excellent combination of growth, income, and relative safety -- all of which make it a stock that investors in their 50s may wish to consider.

A secret billion-dollar stock opportunity

The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early-in-the-know investors! To be one of them, just click here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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