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Nike, Inc. Message Board

  • raman_ds raman_ds Jun 28, 2013 3:06 PM Flag

    Nike is performing similar to Starbucks after their earnings release

    sbux dumped 3% in first 30 min of trading to 59, then since has been up to 65-66 now..
    same china sale were lower....guess smart money knows, china will come up..as long they can keep US sales going... Long both for long run, u can't find close to anything , 20% earnings growth for next 4-5 yrs, market loves growth stocks in high rate env.
    Only dumb will be short

 
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101.52+0.57(+0.56%)11:46 AMEDT