guess you need a new broker; likely another guy that said they would finally miss the street targets and shares would top at mid to upper 90's - LOL
When I saw that rating, bought some puts just in case porky can't fly even higher. Fine company, but possibly moving into an economic slowdown & with an overvalued stock, the risk seems to be a tad down imho. Good luck all :)
I guess a tad better than an F, but F+ is more overvalued than 99% of other stocks. Maybe it can get more overvalued, and maybe pigs can fly.
1. Smart Phone (but they already have them and keep them for a long time)
2. Sneakers - they must be NIKE or their friends will laugh or snicker at them
3. Athletic wear especially for Women it must be brand name of NIKE or possibly UA
4. Gym Memberships so they can go in and walk around for a few minutes with water bottles in hand !
In addition China is hugely brand conscience and now they have decided that NIKE is the brand they mustr have else their friends look at them with disdain !
And to top it off nike makes all these products for pennies on the dollar this is why the stock is going much higher imo, I was initially skeptical about this but now after doing research I am convinced this is what is going on women especially are not buying regular clothes they are all buying these athletic stuff so they all can look the same like a school of fish lol !
stock is at multi-year highs, every analyst is bullish, the news is all bullish, the future is totally rosey, the investors are all blinded in love and affection for everything nke, etc. LOOK OUT!!!!! THAT'S NOT HOW WALL STREET WORKS FOR LONG!
every SINGLE TIME i've seen a stock in this halo, it's only a short time later that the complete opposite happens and the stock crashes. EVERY SINGLE TIME!
way , way too rosy here. ripe for a nice clipping to punish the dumb dumb longs with blinders on. LOLZ!
I think you just defined a 'Bubble'. Using multiple bubble valuations to justify each one individually.
NKE is what I would call a Flying Knife. Ya know, kinda like a Falling Knife, but this one's aimed at shorts instead of longs.
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insider buying for 22 months and close NIH involvement, tiny market cap companies with next generation therapies and overall survival exceeding 9 and 13 months this far, buy before big pharma does imho.
Are you kidding?? NKE's PE is in line with all of its biggest industry peers: Adidas, puma, sketchers, etc. all have PE's around 30. The only one that is off is NKE's "biggest threat" UA who is grossly overvalued with a PE over 106. The big difference is that they aren't really competitors at all as NKE does about 20x more sales than all of them...
Sentiment: Strong Buy
yes stock split should be forthcoming before year end..should give stock a little kicker