Nike Q1: A Transitional Year In FY 2025; Upgrade To 'Buy'

Back in June 2023, I presented my ‘Strong Sell’ thesis on Nike (NYSE: NKE ), and since then, the stock price has dropped by more than 17% compared to 30% return of S&P 500 ( SPX ) during the sameMore than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocatio ...