Jefferies Names Nike and Lowe's Top Stock Picks with High Conviction Buy Ratings

Jefferies has added Nike and Lowe's to its Franchise Picks List, citing strong catalysts, differentiated research support, and undervalued stocks. Nike is expected to benefit from cleaner inventories, stronger holiday order books, and easing headwinds, while Lowe's is seen accelerating comparable sales due to steady demand, lower rates, and improved housing turnover.

Jefferies, a leading investment bank, has added Nike (NKE) and Lowe's (LOW) to its Franchise Picks List, citing strong catalysts and differentiated research support. Both companies have been identified as undervalued stocks with significant growth potential.

Nike, under the leadership of new CEO Elliott Hill, has been undergoing a turnaround, focusing on its running shoes category to regain market share lost to newer brands. The company has also been reestablishing its relationships with wholesale retailers in the United States. Jefferies notes that holiday order books are already up year-over-year, suggesting a clean inventory position by the first half of 2026. The firm expects headwinds to ease, paving the way for improved sales and margins. Nike is expected to post its first-quarter results on September 30, with analysts forecasting quarterly revenue of $10.96 billion and earnings per share (EPS) of $0.27 This Sportswear Giant Got Added To Jefferies’ Franchise Picks List – Find Out More^[1].

Lowe's, on the other hand, is seen accelerating comparable sales due to steady demand, lower rates, and improved housing turnover. The company's focus on digital transformation and customer experience is expected to drive growth. Jefferies believes that Lowe's is undervalued and has a strong potential for earnings improvement.

Both Nike and Lowe's have been added to the Franchise Picks List with a 'Buy' rating and price targets of $115 and $150, respectively. Jefferies expects these stocks to benefit from their respective strong catalysts and differentiated research support.

References:
This Sportswear Giant Got Added To Jefferies’ Franchise Picks List – Find Out More^[1] https://stocktwits.com/news-articles/markets/equity/this-sportswear-giant-got-added-to-jefferies-franchise-picks-list/chwWxLeRdrc
This is the latest addition to Jefferies Franchise Picks List^[2] https://ca.finance.yahoo.com/news/latest-addition-jefferies-franchise-picks-111407725.html
Smallcap tourism stock can rally up to Rs 1,800: Jefferies lists 3 reasons for upside^[3] https://economictimes.indiatimes.com/markets/stocks/news/smallcap-tourism-stock-can-rally-up-to-rs-1800-jefferies-lists-3-reasons-for-upside/articleshow/123766122.cms