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WWW - Nike: Crazy Expensive
June, 07 2022 11:54 AM
Wolverine World Wide Inc.
Run for the hills is my suggestion if you are interested in buying Nike on the 2022 selloff. The stock's current valuation makes absolutely no sense in a high inflation, weakening economy backdrop. Comparative shopping vs. shoe company peers reveals Nike's underlying value may be as low as $60 per share vs. today's $120 price. For further details see:
Nike: Crazy Expensive
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