Nike Stock: Tread Carefully As FQ1 Earnings Loom (NYSE:NKE)
· seekingalpha.com
Nike stock: Hold rating despite 20% drop. See FQ1 guidance, China reset, and Skims catalyst, plus valuation premium risk/reward. See more on NKE here.
Back in mid-July, I upgraded Nike, Inc. ( NKE ) to a hold rating. As shown below, I stated that it was too early to buy the stock and that it was too late to se...