Showing 1 to 15 of 119 entries
DON'T BUY
They reported an inventory flt and shares dove 13%. It'll take two quarters to get rid of that inventory. Don't buy it now. The Chinese economy will open up and China will buy shares? That's not good enough for him.
misc consumer products
BUY
They report Monday. They're a barometer for raw costs, supply chain issues and China's economy. He predicts the market will look past their weakness in China's demand and push shares higher. Weakness is already baked in to the stock after several downgrades.
misc consumer products
DON'T BUY
Even with a 35% correction it is not a value stock, trading at 12X book value and P/E of 28 and little yield. Beat numbers on Monday but has low growth rate. Fair market value is 43% below price.
misc consumer products
BUY
It got hit last quarter over worries of the consumer, but it reported an excellent quarter last week. This can go higher.
misc consumer products
BUY
Best athleticwear stock? He owns no athletic leisure, but he would pick Nike because of the quality of the business, and he owned Nike before.
misc consumer products
BUY
He prefers Lululemon in the athleticwear space. Both innovative, though Lulu more so given its entry into shoes. Lulu is not much more expensive in PE terms and has rewarded him well. But he has no problem owning Nike here; it has more upside than downside potential based on their last report.
misc consumer products
COMMENT
vs. Lululemon It's almost like an ETF for athletic lesiure plays, because Nike offers many brand in its store. Lulu is by far the leader here. He thinks 35% of Nike's sales come from digital vs. Lulu's 42% and it grew 17% this quarter, which is amazing. Once a consumer finds a website they like buying from, they keep buying there.
misc consumer products
BUY
Despite inflation eroding demand, Lulu and Nike still have a lot of pent-up demand to go further, driven in innovation and demand for leisurewear. Nike at 30x is a PE you've been wanting to see, with shares dropping from $175 to $120. That has priced in downgrades of the last month.
misc consumer products

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PAST TOP PICK
(A Top Pick Mar 02/21, Up 1.98%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with NKE has triggered its stop at $140. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 10%, when combined with the previous recommendation to cover half the position.
misc consumer products
BUY on WEAKNESS
He still likes Nike. His gut tells him that their Chinese business will be good and Nike pulls it off. He wouldn't be surprised if they beat their report. He actually likes American companies with large exposure to China, even though their shares are coming down a lot.
misc consumer products
COMMENT
It reports Thursday. He doesn't expect good things. It supply chain is in tatters because it sources 50% of its materials from Vietnam and some worry that China's government will crack down on sneakers next. Nike, though, has nine lives. You can't short it or go long Nike. Be careful here.
misc consumer products

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PAST TOP PICK
(A Top Pick Mar 02/21, Up 19.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NKE is progressing well and has achieved our $164 target. To remain disciplined, we recommend covering 50% of the position and trailing up the stop (from $110) to $140.
misc consumer products
SELL ON STRENGTH
Sneakers and other casual shoes are doing well. Has done well from the leisure demand from WFH. Believes people will start buying other types of apparel. Take some profits. The company has done well. Probably fully priced here.
misc consumer products
PAST TOP PICK
(A Top Pick Jul 14/20, Up 68%) They put out some long term guidance that blew the street away. They have a strong history of beating and raising. It is more of a hold now at these prices.
misc consumer products
BUY on WEAKNESS
How did so many get Nike so wrong? He used to own it, but sold it over the last three months. He was worried. Now, he's kicking himself. Worried about China where the government is persecuting Muslims, and the government cracked down on H&M then Nike, which had criticized China's human rights record in the past. Other reasons for bearishness: Nike's previous weak numbers, shipping bottlenecks about the world, expectations of the slowing of leisurewear, uncertainty over the Summer Olympics, plus weakness from peer Foot Locker. Instead, Nike delivered massive blow-out numbers, has a long history in China where Nike has created lots of jobs. Perhaps their brand is so big it transcends politics. Nike is up 52% over the past year. Also note that Nike criticized China's government discreetly with a statement on their website. Also, Nike deals with logistics well despite worldwide supply bottlenecks. Third, Nike sells half its products online. He will likely buy this back.
misc consumer products
Showing 1 to 15 of 119 entries

Nike Inc(NKE-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 9

Stockchase rating for Nike Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Nike Inc(NKE-N) Frequently Asked Questions

What is Nike Inc stock symbol?

Nike Inc is a American stock, trading under the symbol NKE-N on the New York Stock Exchange (NKE). It is usually referred to as NYSE:NKE or NKE-N

Is Nike Inc a buy or a sell?

In the last year, 9 stock analysts published opinions about NKE-N. 7 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nike Inc.

Is Nike Inc a good investment or a top pick?

Nike Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Nike Inc.

Why is Nike Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Nike Inc worth watching?

9 stock analysts on Stockchase covered Nike Inc In the last year. It is a trending stock that is worth watching.

What is Nike Inc stock price?

On 2022-09-30, Nike Inc (NKE-N) stock closed at a price of $83.12.