By now, you’ve likely heard about last Sunday’s Women’s World Cup.
If you were one of the 14 million people watching, then you saw the U.S. women’s national soccer team win 2-0 over the Netherlands.
And if you’re part of my Fast Fortune Network, you had the chance to chime in about this historic match on our very own social network. (Not a member? Learn how to join right now.)
Now, this was one of the most-watched soccer matches in history, but the U.S. wasn’t the only winner…
There’s one company that sponsored 14 of the 24 teams in the worldwide tournament, including the U.S. champions. And on Monday morning, its stock shot up on the win.
If the Dow had a World Cup, this stock would be the clear champ.
And if you play it right, it could make your wallet a winner too…
Nike Could Make Your Wallet the World Cup’s Real Champion
As the world’s largest supplier of athletic wear, Nike Inc. (NYSE: NKE) is one of the biggest sponsors of the U.S. Soccer Federation.
After the U.S. women won the 2019 World Cup on Sunday, Nike’s stock moved up 1.4% Monday morning. It was the company’s third straight win, and a welcome change from the bear gap that dominated May due to the U.S.-China trade war.
The trade woes are all but forgotten now for Nike, though. The gap has been filled, and the company is approaching a new all-time high thanks to the World Cup push…
In the middle of the tournament, the U.S. women’s home jersey was the top-selling soccer jersey ever sold on Nike’s website in one season, including both men and women. And after the win, Nike dropped a special champion-version of the jersey that sold out in under 24 hours.
Compared to the last World Cup, Nike’s jersey sales have soared 200% – a number sure to accelerate the company’s profits, considering they’re already growing. Last quarter, Nike reported sales that were up 4% to over $10 billion.
The World Cup win is helping out more than just jersey sales, too. It’s paving the way for Nike’s upcoming initiatives as well.
You see, Nike is focusing on producing more women’s clothing and equipment. The company is even launching a geography-specific clothing line for women in Asia. Rosemary St. Clair, the head of Nike’s women’s division, said:
“We can feel the World Cup’s energy and impact throughout our growing women’s business . . . we’re ecstatic about how this summer has contributed to the acceleration of our women’s offense at Nike.”
Now, Nike’s stock is already up 17% for the year. And after the World Cup boosts sales, that number is sure to soar.
But the climb could be slow. And if you simply buy Nike stock, you may have to wait a while for your own profits to reach life-changing levels.
With an option, however, you could be pocketing a big profit – and fast.
In fact, just last month, my Alpha-9 Trader readers pocketed a nice-sized gain on NKE…
On May 13, 2019, my readers bought options on NKE. Then, on June 18, they sold the options for a 78.92% profit.
If you had put just $500 into the trade, that gain would be almost $900- and it only took a little over a month.
Now before I go, I want to get your input on something…
Are you going to be taking a closer look at sports-related stocks, like Nike, after this historic event?
And if not, why?
I want to hear what you think.
Go ahead and shoot me your reply by logging into your Fast Fortune Club Network account with your username and password.
Still need your credentials? Learn how to get your login for just $1 by clicking here.
Talk to you soon,
Tom Gentile
America’s #1 Pattern Trader
