Nike lowers forecasts. Shares fall significantly today before the market opens.
I don't need to introduce Nike $NKE, maybe all of us have something from them at home. They didn't please their shareholders much today and are writing off as much as 12% before the market opens.
Thanks for the info, I subscribe a lot. It seems to me that they've always had a lot of marketing mastered, and it kind of seems to me that they're leading the way in innovation.
I've been looking at $NKE stock this week and it's down about 2% for the year. Nike is a great company for me and I wouldn't be afraid to include shares of this company in my portfolio. The current price isn't bad for me, however, I would think about buying below $110.
Do you have $NKE stock in your portfolio and if so, at what price are you overbought?
Shares of Nike $NKE jumped after it beat earnings estimates and cut the stock.
I noticed this week that quite a few people were waiting for this company's results. I personally follow it as well, I like its products and was still waiting though for a possible pullback. So let's get to the results.
Great, I didn't even get a chance to look at the results, so thanks for the summary. I don't have NKE shares, however I would like to include them in my portfolio, but the stock is still expensive at the moment.
Investors, what stocks have you been most interested in recently and why?
I've been interested in $AMZN, $NKE and $CVX stocks lately. I see some potential in all three stocks, and $NKE and $CVX are at a nice price recently. Plus, all three stocks are from a completely different sector. Tech. stocks are already in my portfolio, but NKE and CVX could diversify my portfolio nicely.
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.
Thanks for the info, I subscribe a lot. It seems to me that they've always had a lot of marketing mastered, and it kind of seems to me that they're leading the way in innovation.