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Nike: Now Is A Big Buying Opportunity
NKENIKE(NKE) Seeking Alpha·2024-08-21 08:11
Flavio Vallenari/E+ via Getty Images At the moment, I consider Nike (NYSE:NKE) to be a long-term buy, as its valuation is currently very attractive. I believe the stock and company are at an inflection point, but I have confidence in management that it will continue to position the company competitively. As a result of this, I think current negative sentiment can be capitalized on for long-term alpha; although realistically, this may not be substantial over a long timeframe, the current valuation does i ...