Jul. 10 at 11:40 AM
$NKE The stock markets are trading at record highs. Nike, on the other hand, is at rock bottom in terms of its stock price.
For me, the stock is currently a very good investment:
🔝Good dividend
🔝World Cup: Jerseys from France, Norway, and England are completely sold out.
🔝The Knicks won the NBA championship, and Nike sold endless amounts of their gear.
🔝Business in the U.S. is going well
🔝As a sponsor of the Olympic Games in LA, where better could Nike position itself than there?
What’s important is that Nike is regaining strength in China. Maybe they should also take a look at Anta’s designs—they’re hugely successful there.
In any case, the next earnings report will be very encouraging and give the stock a huge boost