DKS is attractive for buying now because its valuation (forward P/E ~11) has become approachable after the market beat down the stock on operational challenges, while it remains a solid niche retailer with a strong long-term runway.

Those four stocks are Adobe, MGM Resorts, Dick Sporting Goods, and Lyft.

Next stock is Dicks Sporting Goods. Not a great month or so for Dicks. Shares are down about 44%. They were down I think it was over 30% after they reported their most recent quarterly report. That is something to be concerned about.

Things are definitely slowing down in the sporting goods arena. We've seen that with companies like Deckers Outdoor with on holding having some slowdowns in their expected growth.

And what Dix basically said is, you know what, people's tastes have changed a little bit. They've had to discount some of their products. So, this is an industry-wide problem, not just a Dix problem.

But let's start with the valuation before we get to exactly how the company's performing. Price earnings multiple is about 14 a.5 on a trailing basis. On a forward basis, this is probably going to be a little bit more indicative of their valuation.

It's about 11. So you can see the market has beaten up the company because of these challenges that they've had operationally and the expectations that were put on in 2026 that the company is not living up to.

But now that gives investors buying today a much more approachable stock price.

Now as we look at some of the financial performance from Dixs, this is going to be impacted by their acquisition of Foot Locker that happened in September of 2025. So starting right about here is where you're going to start to see that impact of Foot Locker on these trailing 12-month numbers that I'm showing.

And you can see the company is still profitable, generating an oper operating profit about of about $1.2 billion over the past 12 months. But that has been in a little bit of decline as these operating margins have been in decline.

But like I said, that is in large part because of the discounting that they've needed to do to move products as consumer tastes have changed a little bit.

I also think we're starting to see Dicks be in kind of an area of consolidation. So, this is the number of Dicks sporting goods stores that have been operated, and it's been pretty steady over the past few years.

You don't have a ton of population growth in the US. That's going to allow you to grow your stores organically. It's going to allow you to just profit from the existing stores that you have without spending the money to expand as much as they did.

And especially with acquisitions a handful of years ago. So that now we're in that area of this has become the big name in sporting goods. You're consolidating that power. And the idea here is just to be a cash machine as a business.

They're starting to do that, but obviously the recent hiccups that we've seen something the market is reacting to.

But I think you go back to their long-term runway 10-year compound annual growth rate is about 11%. That does include acquisitions. So keep that in mind. But the price to earnings multiple at about 11 on a forward basis.

I think that is a really attractive point for a company that has become a solid niche retailer.

And this is the way to think about companies in retail is what are you doing and what are you doing better than anybody else. Dix can say, "Hey, if you need sporting goods, if you need to try on a pair of cleats, if you need a new bat, no matter what you're doing, Dix is going to be the place to go to get it.

Whether you're in store or online, that's not necessarily something that Amazon is going to be the best