Just Do It: Nike Is A Buy Owing To Favorable Peer Valuations And Sliding Share Price

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  Posted by Two Blokes Jun 19 - Filed in Stock - 5 views
  
  Nike's valuation is attractive after a 37% share price drop, with fundamentals and peer comparisons suggesting it's a good buy at current levels. Despite declining sales, especially in China, Nike remains profitable with strong margins and a robust balance sheet. Reverse DCF analysis shows Nike only needs modest growth to justify its current price, indicating the stock may be undervalued.