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With New Year's in a few days, everyone is busy making their resolutions. The most popular of all New Year's resolutions is the need to lose weight. So with that in mind, here are two stocks that could benefit from weight-loss resolutions.
Nike (NYSE: NKE) engages in the design, development, and marketing of footwear, apparel, equipment, and accessory products worldwide. You can't start your exercise program without going out and buying a pair of shoes, and a sweat suit. The stock is trading just off their all time high and with a P/E of about 19 the stock look attractive. With '08 being an Olympic year, Nike is sure to benefit from all the exposure. With its recent 19.9% purchase of the UK Umbro, Nike looks to grow its European business, which has been growing strongly anyway. Expect Nike to continue moving higher in '08.
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