Shares of $NKE are down more than 15% this year. For me, Nike is a great company with great products. I wouldn't be afraid at all to include this company's stock in my portfolio as it's a nice business and I think the company will continue to do well. If the share price of $NKE drops to $85, I wouldn't be afraid to buy.
How do you view this company and at what price would you... Read more
Shoes aren't my thing either and I'm just following this company from afar, but it has a nice discount. A competitive advantage like Nike has is always good for a portfolio, but I don't have room for this stock right now.
What do you think about $NKE stock? They had a huge hype through the metaverse etc. but do they still make sense? I'm a little worried about it just being a shoe manufacturer with a good brand.
I like Nike as a customer but I don't dare to guess how they are doing as a company...