Tradehub
2022-06-20

$Nike(NKE)$Nike have strong brand identity. Almost everyone feels cool rocking a pair of Nike, Adidas or New Balance sneakers. Like almost no one feels trendy wearing a pair Li Ning, Antaor Xtep (maybe yes in China). And most of their design you see is a copy of Nike or Adidas. Actually even most China's trend setters wear Nike sneakers. be it genuine or fakes.

Branding is important because it incorporates the culture, history, lifestyle and marketingtheir brand's image.

It would wait for the price to fall to $80-90 and cop some Nike stocks at pre-pandemic price. Their PE ratio need to go down abit more. 

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Comments

  • SilentWarrio
    2022-06-20
    SilentWarrio
    Interesting and thank you
  • Remotecam
    2022-06-20
    Remotecam
    Thanks for sharing.  Been looking at Nike for a while.  Won't do it.
  • ThaiGirl
    2022-06-20
    ThaiGirl

    Strong brand is king

  • SPOT_ON
    2022-06-20
    SPOT_ON
    i own many nike products
  • kytphine
    2022-06-20
    kytphine
    thx for sharing [Like]
  • Maria_yy
    2022-06-21
    Maria_yy
    Nice post, it's worth sharing with my friends.
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