IB Net Payout Yields Model

Nike: Dump On The Rally


  • Nike has rallied back to $130 without a snapback in earnings being reported.
  • The athletic footwear company has already seen a large boost in sales during covid and a huge risk is the company giving back some of those sales.
  • The stock is priced for near perfection at 27x FY25 EPS targets while the market appears to ignore the worse case scenario where massive EPS growth doesn't occur.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 
The market often falls in love with stocks and Nike (NYSE:NKE) is one of the prime examples in the current market. Despite the weak apparel retail market and the fact the footwear giant was

Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


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