Sep. 14 at 4:19 PM
$NKE reasons why I invested into the company outside of the fact that it’s an absolute cash cow, is at multi year lows, will still be relevant in 10 years…
1. Got their CEO back
2. Hedge against AI bubble. People will look for staple stocks if AI stocks hit a wall (may not happen)
3. Pays a divvy
It’s about time this company begins its turnaround journey. I think this happens sooner than later and foresee
$60+ within the next 1-2 years.