Uvizius

NIkes are just shoes and stock buybacks are not real growth

Short
Nike (NYSE:NKE)  
NYSE:NKE   Nike
The apparel giant posted $0.69 in adjusted earnings per share, and revenue growth of 13% to $9.8 billion. Nike announced plans to repurchase $15 billion of its class B shares over four years and expects to start in 2019 when its current buyback program is complete.

blow off top coming

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