Nike reported earnings today and the stock is down after the results 7 %.
Anyone buying $NKEstock on this drop ?
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Nike reported earnings today and the stock is down after the results 7 %.
Anyone buying $NKEstock on this drop ?
A community member's personal view, not investment advice. Community Guidelines
It still doesn't seem downright cheap to me. I would see a fair price somewhere more towards 80$. It's hard for me to rate moat as well, since fashion trends change pretty quickly.
Agreed on the mod, it's more compiled. I bought NIKE a few months ago but it was a mistake and I'll sell when I make a profit there.
The S&P 500 +0.40% and Nasdaq +0.60% opened higher. Europe's DAX +0.35% rose ahead of the Fed rate hike.
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