Citi calls Nike a Best Idea for 2019

|About: Nike Inc. (NKE)|By:, SA News Editor

Nike (NYSE:NKE) is called a Best Idea for 2019 by the analyst team at Citi.

The firm also names Nike a top pick on its view that the global growth story is still intact.

The cooling of the U.S.-China trade battle is also helping to lift sentiment today on Nike.

Shares of Nike are up 2.34% in premarket trading to $76.88 vs. a 52-week trading range of $59.65 to $86.04.

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