Are Adidas shares set to run higher?

Adidas is entering a strong time of year. Over the last 10 years, the stock has risen 6 times between April 26 and May 10. The largest return was +9.95% in 2019. The largest loss was -6.15% in 2018. The average return has been +2.16% over the last 10 years and the annualised return is +74.85%.

Is now the time to buy Adidas stocks? Will re-opening hopes on a mass European vaccination programme keep stock markets supported over the coming few days? Or will the Federal Reserve surprise markets and announce bond tapering?

Adidas AG is a German multinational corporation that designs and manufactures shoes, clothing and accessories. It is the largest sportswear manufacturer in Europe, and the second-largest in the world, after Nike.

Trade Risks: There is a growing risk that investors consider equity markets overbought and that could see a sharp correction lower. It is hard to know when that correction will come, but investors need to be aware of the potential risk.