Jul. 4 at 2:03 PM
$NKE If I were an executive at NKE, I would increase weighted average advertising spending in China, buy back shares, and decrease dividends. At the same time, I would reduce stock to increase cash flow. I believe the team is doing a fantastic job of balancing the online and offline markets. The new stores will give us a strong boost, especially in Asia, Europe, and the Americas. The drop in oil prices lowers the cost of raw materials and transportation, which can increase margins. In addition to the culture, we see innovation. I believe the inflection point has already been reached. I have a lot of faith that we will soon reach triple digits. At
$130, I would only sell 10% of my holdings.
