Nike earnings out after the bell today. Stock is well off the lows of the year back in April when President Trump first announced those Liberation Day tariffs, but they're still down 15% since CEO Elliot Hill took over nearly one year ago. Now, our next guest sees 60% upside from the stock.He's very bullish. Jeffrey's analyst Randy Ko Kik joins us now. He's got a buy rating, $115 price target.What makes you such a believer right now. Look, I think at the end of the day, you wanted to talk about the category ...

Group 1: Alibaba - Alibaba's shares have increased year to date but remain down 58% from previous highs due to a slow economic recovery and rising competition in China's e-commerce market [2] - The stock trades at 15 times this year's consensus earnings estimate, presenting a bargain for a company with a strong growth history and dominance in e-commerce and cloud computing in China [2][6] - Alibaba's commerce revenue grew 5% year over year in the last quarter, while its international commerce business saw a 32% revenue increase [3] - The company has 930 million monthly active users on its Taobao platform, indicating a solid user base despite competition from Pinduoduo [4] - Revenue from Alibaba's cloud business grew 13% year over year, with significant potential for growth driven by demand for AI services [5] - Alibaba holds $51 billion in net cash, providing resources for investment in AI and maintaining market dominance [6] Group 2: Deckers Outdoor - Deckers Outdoor shares have seen significant returns but are currently down 38% from highs due to lower-than-expected earnings guidance, presenting a buying opportunity [7] - Total revenue for Deckers has doubled over the last five years, with a 17% year-over-year increase in the most recent quarter [8] - Hoka, acquired in 2012, has become a major growth driver, with revenue growth of 28% in fiscal 2024 and 24% in fiscal Q3 2025 [8] - The company has experienced expanding margins, with a gross margin of 60.3% in the recent quarter, contributing to high double-digit earnings per share growth [9] - Analysts project earnings growth at an annualized rate of 17% in the coming years, indicating strong future performance [9] - Hoka's annualized sales are around $2 billion, suggesting significant growth potential in the athletic footwear market [10] - The stock trades at 24 times forward earnings estimates, which is reasonable for a growth stock, with potential for investors to double their money by 2030 if growth expectations are met [10][11]