“Will Nike Recover? NKE Stock Deep Dive”
NKE is a potential buy on a pullback to ~15x PE; current valuation has ~29% margin of safety but turnaround takes time.
In this video we're looking at Nike, ticker symbol NKE. So, Nike stock is down about 50% over the past year, and frankly a lot of this is deserved because we could see real quick on the Investors Growth website when we look at both the income statement and the cash flow statement, well, they're only getting one stars.
These numbers are not doing well, and there's uh logical explanation behind it.