Latest Articles
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Is Nike Stock Attractive Even After A 40% Rally?
Despite an almost 40% rise since the beginning of 2020, at the current price of around $142 per share, we believe Nike’s stock (NYSE: NKE) still has more to go. The company designs, develops, and markets footwear, apparel, equipment, and...
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Nike Stock Offers Better Return Prospects Than Skechers
Nike’s stock (NYSE: NKE) has gained 13% since early February after the WHO declared the Coronavirus a global health emergency, while Skechers’ stock (NYSE: SKX) has lost around 22% of its value over the same time period. The lockdow...
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Nike: A Fully Valued Stock?
Despite a 57% rise since the March 23 lows of this year, at the current price around $98 per share we believe Nike Stock (NYSE: NKE) has reached its near term potential. Nike stock has rallied from $63 to $98 off the recent bottom compared to th...
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Buy Nike over Lulu Now?
Nike (NYSE: NKE) stock has declined by close to 8% since early February after the WHO declared the Coronavirus a global health emergency, while Lululemon (NASDAQ: LULU) stock has also lost around 7% of its market capitalization. The lockdown in...
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Why Nike Stock Looks Fairly Priced At $90
Despite almost a 13% decline in Nike (NYSE: NKE) stock since the beginning of this year, we believe that Nike’s stock looks fairly priced at the current price of $90 per share. Although Nike’s stock is still 22% higher than it was at the beginnin...
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Why It Is Just A Matter Of Time Before Nike Stock Recovers To $100
Comparing the trend in Nike ’s (NYSE: NKE) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can potentially gain 17% once fears surrounding the coronavirus outbreak subside. Our ...
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With All Major Sports Event Canceled, Which Athletic Apparel Stock Still Looks Good: Nike Or Under Armour?
The Coronavirus crisis has hit the apparel industry hard. The companies have had to temporarily shutter their stores and it remains unclear as to when they can open them again, as the pandemic continues to spread, particularly in Europe and the U...
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Recovery Watch: Apparel Portfolio – 9% 5 Day Return vs. (-37%) YTD Return – [Nike, Lululemon, & Others]
Our apparel portfolio of 12 stocks shows an average return of 9% in the last five trading days (as of March 27) compared with a similar (9%) return in the S&P 500 during the same period. This portfolio reflects one set of possible stocks ex...
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Why The Coronavirus Outbreak Shaved Off More Than $17 Billion From Nike’s Valuation
Nike (NYSE: NKE) was one of the first companies to issue a statement regarding the impact of the coronavirus outbreak on its business in China earlier this month. The company temporarily shuttered approximately half of its company-owned stores ...
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That Nike Store You Walked By Made $34 Million For Nike’s Stock
Nike (NYSE: NKE) is the largest athletic apparel company in the world. The company has achieved unparalleled growth in the apparel industry and is still going strong. This growth has been driven by upbeat performance for the retail (store) as wel...
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Was Nike’s Acquisition Of Converse A Bargain Or A Disaster?
On September 4, 2003, Nike (NYSE: NKE) acquired Converse for $315 million – two years after the latter filed for bankruptcy. Converse had annual sales of just over $200 million at the time of acquisition. Fast forward 16 years to Nike’...
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David vs Goliath: How Does Under Armour’s Growth Over Recent Years Compare With Nike’s?
Nike (NYSE:NKE) is the largest footwear company in the world while Under Armour (NYSE:UA) is one of the fastest emerging companies in the apparel industry. Although there is huge difference between the scale of the two companies, they have a simi...
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Adidas Is Giving Nike A Run For Its Money
Nike and Adidas are two of the largest footwear companies in the world. Effective marketing strategies and innovative products have helped these companies outperform the broader apparel industry over the last couple of years. Trefis captures tren...
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Nike’s Q4 2019: Earnings Miss Due To Currency Headwinds And Higher Cost; Outlook Remains Positive
Nike (NYSE: NKE) released its Q4 and FY 2019 financial results on June 27, 2019, followed by a conference call with analysts. Performance Snapshot Nike reported revenue of $10.2 billion in Q4 2019, marking a growth of 4% over $9.8 billion in...
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How Is Nike Expected To Grow Over The Next One Year?
Nike (NYSE: NKE) is set to release its Q4 and FY 2019 results on June 27, 2019, followed by a conference call with analysts. Performance Expectations Nike’s revenues have maintained healthy year-on-year growth through the recent quarte...
