Is Nike a Gold Medal SRI Stock?
Is Nike a Gold Medal SRI Stock? Monday August 18, 2008#spacer{clear:left}#abc #sidebar{margin-top:1.5em}zSB(3,3) At the Olympics, perhaps the only thing whose presence can rival that of Michael Phelps is the Nike logo on uniforms and athletic shoes. The athletic apparel giant had deals with dozens of Olympic teams across the globe, including many of the host country China. And with its share price down from its high of almost $68 per, investment pundits such as Jim Cramer are calling it a growth stock worth buying. But Nike has a long history with socially responsible investors and human rights activists, who have challenged its practices since the early-1990s. The company was accused of contracting with companies in countries suc
