Bill Combs @billcombs 8M Nike reported earnings today and the stock is down after the results 7 %. Anyone buying $NKEstock on this drop ? 9 Share Facebook LinkedIn Messenger Twitter WhatsApp
The price doesn't seem to me to be significantly low
It still doesn't seem downright cheap to me. I would see a fair price somewhere more towards 80$. It's hard for me to rate moat as well, since fashion trends change pretty quickly.
Nice drop and potential buying opportunity. 😊