10 Benjamin Graham Stocks for Defensive Investors

1. NIKE, Inc. (NYSE:NKE)

Number of Hedge Fund Holders: 73

NIKE, Inc. (NYSE:NKE) is the world’s largest seller of athletic footwear and apparel. It designs, develops, markets, and sells footwear, apparel, equipment, and accessories globally. Products are sold through NIKE Direct (stores and digital platforms), wholesale channels, and licensees. Most manufacturing is outsourced, primarily outside the US. Key brands include NIKE, Jordan, and Converse. NIKE emphasizes innovation, quality, and consumer-focused product design, offering both performance and casual products, along with digital services and interactive experiences to enhance customer engagement.

NIKE, Inc. (NYSE:NKE) made significant progress this quarter through its “Win Now” strategic priorities. It reignited its brand by leading with sport, telling compelling athlete stories, and delivering weekly product innovation. The company focused on five key fields of play and invested in key markets—US, China, and the UK—and cities like New York, London, and Shanghai. Product highlights included the launch of the Pegasus Premium and Vomero 18, while new categories like NIKESKIMS expanded Nike’s apparel portfolio. NIKE, Inc. (NYSE:NKE) also emphasized restoring wholesale relationships, improving digital experiences, and reducing promotions. The brand dominated cultural moments at the Super Bowl and NBA All-Star Weekend, reinforcing its presence on the ground and across digital platforms. These actions aim to strengthen performance, culture, and consumer connection.

While we acknowledge the growth potential of NKE, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NKE but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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