BUY
Nike Inc

The last quarter has seen a major improvement in revenue growth and shares now have price momentum

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PARTIAL BUY
Nike Inc
Allan Tong’s Discover Picks

China is the third-biggest market for this running shoe giant, but even with that country in lockdown last year, Nike lost only 3% of sales in that territory while all retail sales dropped 5.9% (November 2022 vs. November 2021) and all shoe and clothing sales plunged 15.6%. Talk about consumer loyalty. Read China reopens for our full analysis.

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BUY
Nike Inc

Likes their Chinese business and management. The top sports clothing company in the world.

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BUY
Nike Inc

Undervalued. Shares fell from $135 two years ago to below $122 today. Was China Nike's Achilles' heel and have the Jordan shoes faded by now? Nike just reported that Chinese sales are accelerated while Jordan sales remain as strong as ever. And their direct-to-consumer business is a success; two years ago it was iffy. China's reopening will be explosive to Nike's numbers (in a good way). Nike is the number-one way to play China's reopening.

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BUY
Nike Inc

Will benefit huge as China reopens, and Nike sold well there even during Nike's downturn. Remains very popular in China.

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BUY
Nike Inc
Retail in 2023 looks good. TJX is trading at 52-week highs, and having a good run these holidays. Discount retailers will do well in 2023 while retailers with high inventories will have a tougher time. Better to be a stockpicker in retail, like Nike who surprised all with its recent report, given the success of its retail stores performance.
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BUY
Nike Inc
Shares soared today on a super quarter. The last few quarters were bad, with weak demand in China and too much inventory. This time, that was reversed. China;s sales were up 6%, with European sales good and the U.S. great. This was the Nike of old. The future looks bright. China is dropping its nonsensical zero-Covd policy.
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BUY
Nike Inc
They report next week. Too many buyers are getting into NKE ahead of China's big reopening--and they will be right. Nike works.
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HOLD
Nike Inc
Among the worst Dow performers in Q3 It's exposed as a China play. Nike also faces supply issues, the decline in shopping malls and a European slowdown. Eventually, Nike will roar back as they problems resolve themselves. It's worth holding onto this.
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DON'T BUY
Nike Inc
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.
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BUY
Nike Inc
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.
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DON'T BUY
Nike Inc
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.
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BUY
Nike Inc
It got hit last quarter over worries of the consumer, but it reported an excellent quarter last week. This can go higher.
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BUY
Nike Inc
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.
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BUY
Nike Inc
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.
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Nike Inc(NKE-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 11

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, 11 stock analysts published opinions about NKE-N. 9 analysts recommended to BUY the stock. 1 analyst 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?

11 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 2023-05-26, Nike Inc (NKE-N) stock closed at a price of $107.51.