Foundations of a Great Company – Nike

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Company Name: Nike Inc.

Ticker Symbol: NKE

Founders: Bill Bowerman, Phil Knight

CEO: Mark Parker

 

Nike Inc. was founded in 1955 by track athlete, Phil Knight, and his coach Bill Bowerman. In its first year the business made only $8000 but in the second year it made over $20 000 and has been growing steadily since then. In 1966 Nike opened its first retail store. By 1971 Nike was using the famous “swoosh” logo. Today Nike is worth $96.71 billion and has over $20 billion in assets. Their revenue in the past 9 months equals more than $24 billion! In the 9 months before that Nike made $22 billion, which demonstrates how quickly they grow. Nike has $8.6 billion in debt but that’s nothing based on its immense size. In the past 10 years or so Nike entered the technology industry, since then it has partnered with Apple to create iPod Nana Nike Technology and has also created Nike Fuel Band as well as the app Nike+. This was an intelligent move for Nike as the technology industry has been growing steadily for years. The Nike logo itself is brilliantly designed. The “Swoosh” hasn’t changed much since it was first introduced, and for good reason. People from all over the world can easily recognize the famous logo. Nike has even introduced customizable shoes on their website http://www.nike.com. Although the Nike stock has been going down recently, overall it has grown a lot. Just look at the chart below.

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If I were you, I’d definitely find the money to invest in Nike.

That’s all for now, Ben

P.S. Have a company you’d like to suggest for the next Foundations of a Great Company blog post? Tell us below now and your idea could be featured in a new investing post.

 

Foundations of a Great Company – Microsoft

Company Name: Microsoft

Ticker Symbol: MSFT

Founders: Bill Gates, Paul Allen

CEO: Satya Nadella

Honestly, I’m not much of a Microsoft person. I’d prefer to have everything Apple. But looking at some of the company information I started to realize how great of a company it is.3ec2fc1e-697f-416f-b75b-5bd2638f9110_22.png

Microsoft was founded on April 4th 1975 by Bill Gates (You’ve probably heard of him) and Paul Allen. In 2013 Bill Gates was one of the richest people on earth. Microsoft is known for their computers but the also make tablets, smart watches, and phones. As of 2016 Microsoft had 118 584 employees and was worth $438.98 billion which really shows how large it is. Some of Microsofts subsidiaries include Skype technologies (Skype), Nokia, Mojang (Minecraft), and over 100 others. The CEO, Satya Nadella, was born in India on August 19th 1967. He learned electrical engineering in India and he learned about computers and business in the U.S. Microsofts annual revenue is $93 580 000 000 and it has over $176 Billion in assets. Microsoft has an awesome logo which is important in any industry and has some great products. Microsoft is in charge of Microsoft Word which I use constantly. They’re also in charge of Bing which is almost as good as Google. If I were you I’d definitely invest in Microsoft right away!

That’s all for now, Ben

 

 

Foundations of a Great Company – Mattel

Company Name: Mattel

Ticker Symbol: MAT

Founder(s): Harold Matson, Elliot Handler, Ruth Handler

CEO: Christopher Sinclair

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In 1945 Harold Matson and Elliot Handler started Mattel, a company that sold picture frames. Matson later sold his part in the company to Elliot Handler and Ruth, Elliot’s wife, took over Matson’s role. The company went on to sell dollhouse furniture and is now one of the biggest toy companies in the world. You may know them for their popular Barbie dolls or Hot Wheels cars. Last year alone they made $6 billion. The company even made it’s way into the S&P 500. The current CEO once worked as the CEO of Pepsi Co meaning he has plenty of experience. The company has about 31 000 employees and is still growing. Mattel has $1.8 billion in debt, but as of this post being published, the company is worth over $11 billion. With the money they made last year they could have payed off their debt 3 times and still have had some money left over. I actually thought this was such a strong company that I invested in it several weeks ago and it has gone up since then. I would definitely invest in this company if I were you, but don’t just take my advice. Even some of the worlds best stock traders are wrong about certain companies. You should always do your research before investing in any company.

That’s all for now, Ben