Nike Stock: Why Investors Should Still 'Just Do It' (Rating Upgrade)

Author Background - The author is a full-time value investor with a focus on classical value ratios such as low P/B, P/FCF, Owner Earnings discounting, PEG ratios, and the Graham Number [2] - The author advocates self-indexing primarily using the Dow Jones Industrial Average combined with Joel Greenblatt's Magic Formula for tax efficiency [2] - The author has a background in private credit and CRE mezzanine financing for a family office and is fluent in Mandarin, with significant experience in China and Asia [2] Article Context - The article discusses NIKE, Inc (NYSE: NKE) during a period of significant stock price drop and CEO transition [4] - The author holds a beneficial long position in NIKE, Inc (NYSE: NKE) and SPY through stock ownership, options, or other derivatives [4]