NKE i dont understand why the stock is stil up . the earnings even though a beat was shit. everything is down . sales , guidance. they have additional cost of tarrif 1.5b. only thing the Ceo was shitting about was win now bullshit.
NKE Until they move manufacturing to US or figure out different revenue streams, the stock price is pretty much destined to go lower. They’re making less profit in a year than they used to make in a quarter. Fair value for this stock at this point is around $40. Even then, given it has no way to grow revenue or profits given Trumps tarrifs, you’re better off buying a CD. lol.
NKE just the amount of youge kids running around not in a NIKE is what makes me question the long term longevity of NIKE, this was my dream sports brand, but right now, i dont know, serious challengers are seriously challenging, im leaning toward prolonged consolidation in the 60-100 range as the best times may actually be over, its abit emotional, but nike may lose the cool factor for gen-z
NKE i dont understand why the stock is stil up . the earnings even though a beat was shit. everything is down . sales , guidance. they have additional cost of tarrif 1.5b. only thing the Ceo was shitting about was win now bullshit.
