Thread regarding Nike Inc. layoffs

Nike Stock

Outside of ESPP contributors, employees being rewarded with stocks, executives; do people actually buy Nike stock? Trying to figure out why anyone would considering the results of the last 4 years especially when you compare it to the broader market where everyone else is up bigly it seems.

Seems like you could have thrown money at literally anything else and made money but still lost somehow on Nike. I guess I’m asking why any large investment firm or private investor would currently invest in Nike? Like what do they see that I am missing.


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| 891 views | | 2 replies (last December 27) | Reply
Post ID: @OP+1kdfts014

2 replies (most recent on top)

A $50bn company that makes over 10% ebit and pays dividends is always something you want to have in your portfolio. Stock price is an informed guess but lately tends to be short sighted.

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Post ID: @bc+1kdfts014

People buy Nike stock for the same reason they buy any stock. They assume the current prices is lower than what it will be in the future.

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Post ID: @av+1kdfts014

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