Nike

Is anyone thinking about buying Nike now that it’s down to $33 a share

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1 Comments

Canadian Investor@canadianinvestor · 19d

I have it on the watch list

They have an investors meeting coming mid Nov they have had a very tough year down 46% and their forward guidance wasnt great. If the trend continues seeing this trade around $28-$30 end of Nov wouldnt be shocking

At some point this will find a bottom thr company isnt in distress they have a large cash balance and still have a decent amount of revenue

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