Nike is cheap now; price may fall further due to volatile fashion trends.

We recently discussed the sportswear industry, looked at Nike, Lululemon, and On, and concluded that ultimately it comes down to customer preferences first, what will be popular that year, what will grow, and what won't grow, and that's very, very difficult to predict.

Something is popular one year, and something else the next year.

The problem is that people buy those popular stocks, and then they are surprised when stocks like Nike drop by 75% or Lululemon by 80% when the trend changes.

Now, we discussed the Nike company. So, you can also watch that video at the link in the description below. And I look at it and say, "Now it's cheap. Someone will take it. Something will happen, and that's all there is to it.

" But, it's always about fashion. The price could drop even further, depending on what happens with the volatile fashion trends.