Deja Vu For Nike


  • Nike, Inc. has historically offered good buy-on-the-dip opportunities and remains a high-quality business with potential for high returns on invested capital.
  • Similar periods of weakness in Nike have been followed by strong outperformance, making it a recurring buy on the dip play.
  • The current conditions, including margins, valuation multiples, and short-term trends, suggest that Nike may be at a great entry point for investment.

Nike flagship store at Bangkok , Thailand.

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NIKE, Inc. (NYSE:NKE) is a blue chip that has often offered great buy-on-the-dip opportunities in conditions similar to what we see today in terms of margins, valuation multiples, and short-term trends. I think Nike remains a high-quality

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in NKE over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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