iceflower
2022-08-22

$Nike(NKE)$

A promising and stable stock [Cool] 


Introduction:

-The largest athletic footwear and apparel brand in the world.

-It design, developed and market athletic apparel, footwear, equipment and accessories in many categories.

-Footwear generated 2/3 of its sales.

-Nikes brand Include Nike, Jordan, and Converse.

-Nikes sells its production to more than 300 factory in more than 30 countries.



Fundamental background[Victory] 

-revenue increasing trend

-net income adj reduce slightly from 4163 to 4157 in may

-roe(adj) reduce slightly from 29.75% to 27.73%

-diluted EPS adj increase from 3.56 to 3.75

-total debt to equity ratio 0.82

-fcf reduce slightly from 5962 to 4430 in may



Technical analysis

-price was strongly above ema5 and approaching ema100 until last Friday and close slightly below ema100


Why this stock[Doubt] 

-footwear and accessories industry instead of technology industry that is highly volatile in current recession period

-strong fundamental support

-able to suprised the earning expectations continuosly since September 2020

-current discounted price with ~15% margin of safety currently[Thinking] 

A major pullback in market this week, a good time to enter for you??[serious] 

@Daily_Discussion@TigerPM@TigerStars@CaptainTiger

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Comments

  • hh488
    2022-08-22
    hh488
    If recession, will ppl still go for branded sport-shoes or not? [Glance]
    • highhand
      why not? Just do it!
    • iceflower
      good question.. [Facepalm]haha.. but I will cut spending on like buying cars/ house first
  • daz888888888
    2022-08-22
    daz888888888
    Warming you in oven, the chicken stock all stuffed in you, your stock will pop up with nice feeling
  • Shyon
    2022-08-22
    Shyon
    Not convincing
  • Best1
    2022-08-22
    Best1
    Thanks for sharing
  • CLONGER
    2022-08-22
    CLONGER
    Thanks for the share
  • kytphine
    2022-08-22
    kytphine
    thx for sharing
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