Buy Nike shares in Kenya

Nike has stubbornly maintained its leadership position among the world's largest manufacturers of athletic footwear and apparel, consistently surprising with an ever-increasing economic performance. If you've been thinking about investing, consider a stock in Nike, one of the largest sportswear manufacturers in the world. Products are produced under Nike, Air Jordan, Total 90, Nike Golf, Team Starter and other brands. Nike also controls companies producing goods under the brands Bauer, Cole Haan, Converse and Hurley International.

Founded on 25 January 1964 as Blue Ribbon Sports, the company officially became Nike, Inc. in 1978.

Today, Nike is a giant in the sportswear market. As of 2019, the company had an equity capital of $9.04 billion. , operating income of $17.474 billion and net income of $4.029 billion. The company's assets in the same year 2019 were valued at $23.717 billion and capitalisation at around $86 billion. The total number of employees is 76,700.

At the time of writing this article, Nike's share price is $133.46, indicating a year-on-year growth of 56,52%.

From its inception to the present day, Nike's capabilities have continued to grow. As the company continues on its successful course, you may want to consider investing in Nike today. Let's see how to invest in Nike stock in Kenya.

How to buy Nike stock in Kenya?

You can buy Nike stock in a number of ways, but the most lucrative option is obviously something called a CFD - a type of contract that allows you to get Nike stock to exchange for stock, making an investment that is right for you.

If electronic trading and online trading is your thing, then buying Nike stock will also suit you. In today's world, the process of investing has been greatly simplified thanks to modern technological capabilities. There is no need to bypass banking institutions and brokerage offices, drawing up mountains of documents. Now it's easier to do all these operations over the Internet. Today's investment world is a world where you have the opportunity to invest in blue chip stocks from the comfort of your own home.

Before entering this world, it is very important to have a basic knowledge of the stock market, to understand the basics of investing in Nike, because investing is quite a complex and risky process, and therefore requires constant monitoring of the stock market and of course the platform you choose to trade.

One of the biggest financial advantages of online trading, and especially of CFDs, is that they allow you much more freedom when it comes to your money, as you follow the process yourself, without an intermediary and therefore without additional costs or risks.

Before choosing an online trading platform to buy and sell shares, for example, Google, also known as a broker, analyse the current price of Nike shares, whether there are fees for certain services on the platform, whether the platform provides trading lessons and whether it is free. Things to consider when choosing an online trading platform.

• The availability and amount of transaction fees and services or information provided.
• The possibility of exchanging deposits.
  
• Spreads and dividend yields.
• Withdrawal options.

How to invest in Nike shares in Kenya?

Investing online is particularly handy because of the abundance of technical tools for analysing companies. This is especially true now that the pandemic, which has affected private and public companies around the world in various ways, including in Kenya, is negatively affecting the mood of many investors. The global threat has raised questions about the viability of investing in many companies. However, our business giant Nike has managed to stay afloat and continues to attract more and more investors.

You should be aware that investing is quite a complex and risky process and depends on many factors, so even when investing in a priori successful and financially stable companies, you should be careful.

Remember to do the following:

• Be aware of verified sources of information covering economic and political news that could affect the market.
• Analyse various current economic indicators.
  
• Follow the advice of consultants and recognised investment experts on the value of Nike shares.
  

In order to start investing, you should:

• Find a decent online broker;
• Register on an online investment platform;
  
• Open a demo account;
  
• Become familiar with the platform and all the tools it offers;
  
• Become familiar with the tutorials available on the internet;
  
• Try trading with a free online account;
  
• Keep up to date with news related to the company you are considering investing in;
  
• Follow the economic and political news in Kenya as well as in the country where the company is based;
  
• Follow news globally to understand global trends.
  

Online platform for investing in the stock market

One of the most important conditions for the success of your investment in Nike stock is choosing a broker or online investment platform. Take the time to find enough information on all the available brokerage companies providing online services in Kenya. Read user reviews, consider the company's image as well as the ease of use of the platform itself.

Keep in mind that the best brokerage platforms offer free training, a free trial demo account, and low initial investment amounts that allow everyone to get started.

One of the biggest advantages that these platforms offer you is that with CFDs they allow you to buy a piece of Nike stock, giving you even more control over your budget and moving forward as your profits and Nike stock price rise.

How to start investing in Nike stock?

To start investing in Nike or Baidu shares, you must first choose a broker and go through the process of registering on the online platform.

Even if you are new to the world of investing, you have the opportunity to learn this rather complicated process. It is important to remember that online trading is sometimes subject to quite strict laws and economic principles, ignorance of which can cause you considerable damage.

The process of registering on an online investment platform is a matter of two minutes, no exaggeration. Enter your first and last name and email address and click "register" on the registration form. All you have to do is confirm your registration. All you have to do is confirm your email address with the standard link that will be sent to you in the same email and you are ready to enjoy all the benefits of the platform.

However, access will be restricted if you only enter these details. In order to make deposits and withdrawals you will need to verify your account using your phone number and then provide personal information, which varies from platform to platform. In some cases your first and last name, date of birth and address will be sufficient, while in other cases you will be required to upload scanned copies of some identification documents.

Further, most trading platforms will offer you to open a demo account to practice trading Nike stocks and a real account.

It is recommended that you start with a demo account, especially if you are new to the world of stock trading. You can make your own predictions about the price of Nike stock, looking at expected earnings, sales margins and other values that depend on each platform.

The funds you see in your demo account are fictitious and only serve to practise your skills. Of course, you will not be able to withdraw these funds.

Real trading only starts when you deposit real money in your real account. The platforms offer you a list of funding methods, typically card payments, bank transfers and some other electronic payment services.

It is very important that you know the commission amount before you deposit, and then choose the payment method, select the currency type and enter the amount of your deposit.

Typically, the minimum deposit amount is only $10.

You can withdraw from your account using the same payment systems as you did when you deposited.

Safety of investing in Nike shares

Choose only certified digital platforms to invest in Kenya. Because of the security protocols they use, they are untouchable, so your money invested in Nike stock will remain safe.

The security we talk about in this section refers to protecting your investment, not the financial success you can have with it. Making a profit is entirely up to you and the market, as stocks have variable returns.

Investing in Nike stock in Kenya is safe because of the technology that digital platforms use to buy and sell assets. Your money will be protected by participating in a reliable and up-to-date system that also takes into account the Nike share price factor.

If you have ever wondered, "How to buy Nike shares online?", we can tell you that in order to make an investment, you need to make sure that the platforms have a good reputation and trust of their users. You can easily find online reviews of brokers, as well as general information about the trading licenses they hold and the process of trading Nike stock.

Online trading platforms will protect your money on deposit as well as your profits. In addition, some platforms offer protection against closing negative balances.