@EmmaStone 6 days ago
Is Nike Finally Too Cheap to Ignore?
Is Nike Finally Too Cheap to Ignore?
is trading about 28% below its usual valuation multiple, but the discount comes with plenty of uncertainty. Weak sales, pressure in China and a long turnaround are still weighing on the stock.
I think the bigger question is whether Nike’s brand strength can eventually bring growth back. Would you consider at these levels, or wait for clearer signs of a turnaround?
@Ethancollins 6 days ago
The valuation looks more interesting after the selloff, but I’d want to see revenue and China stabilize before calling it a true turnaround opportunity.
@Nathan956 6 days ago
Good points all around. I feel like Nike is a long term hold if you believe in the brand, but the volatility right now is definitely making me nervous.
