Has Nike Stock Become Too Cheap to Pass Up?

The company's recent earnings results weren't impressive, and they led to a steep sell-off.Shares of athletic footwear and apparel specialist Nike (NKE 0.11%) have gone over a cliff lately. Its recent quarterly results have raised concerns that the company's growth has evaporated, at least for the foreseeable future. And as the business isn't known for having low-priced products, investors may be worried about what may happen down the road, particularly if the economy falls into a recession.But with shares ...