2024-07-14 11:00:00 ET
Summary
- Nike stock has cratered since June, presenting a buy-the-drop opportunity for value and growth investors alike.
- Despite recent challenges, Nike is refocusing on innovation, performance products, and its wholesale business for future growth.
- With a strong balance sheet and plenty of cash on the books for potential acquisitions, Nike offers potential for rewarding total returns to investors.
In Major League Baseball, a fat pitch may come every now and then, giving the hitter an incentive to swing for the fences. While those opportunities are few and far in between, it pays to be patient, prepared, and to execute when the time is right for the big payoff....
Read the full article on Seeking Alpha
For further details see:
Nike: Swing At This Fat Pitch For Total Returns