Nike Stock Has Collapsed - Is It Finally A Buy?

Comments · 348

• DA

  @danielpronk · 3 weeks ago · pinned

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• TH

  @ThomasBrady-e9m · 2 days ago

  Reaching $1M is a beautiful milestone, but the greatest lesson is knowing how to protect and grow your money wisely. Save, invest, avoid unnecessary debt, and build something that can support your family for years. At the same time, don&apos;t forget to love people, show kindness, forgive, and choose peace. Money can build a better life, but love and peace make that life worth living.

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• WO

  @worldwargates8416 · 2 weeks ago

  Removed from US100 is a big 🚩

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• SA

  @saeedTHEgreat · 2 weeks ago

  Retail and fashion stocks are tricky. They act more like a cyclical even though they shouldn&apos;t. There is still money to be made there if you get in when the stock is really cheap and the business isn&apos;t too damaged. In the past I made money on Abercrombie and on Victoria Secret, but lost money on Lulu and Nike. From price perspective, right now AEO &amp; KSS seem like better turn around options than Lulu and Nike. It&apos;s worth noticing that the entire sector is down because of low consumer sentiment which is driven by persistent inflation. Also high oil prices and high interest rates hurts the retail. But these headwinds can become tailwind in the future.

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• BR

  @briansmith3477 · 3 days ago

  when you look at the stock price for LuLu, On, Deckers, they are all down and it&apos;s been down for past 6 months or longer, so it&apos;s not just NIKE.

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• DS

  @DS-rw5zz · 2 weeks ago

  Fantastic. Nice learning from you, again. Thanks.

• TH

  @thecrazyandthewild · 2 weeks ago

  Thank you, Daniel

• SA

  @safewaycart · 1 hour ago

  There is no such thing as a predictable business.

• TA

  @TavanErkki · 2 weeks ago

  Brian Feroldi recently provided potential fundamental reasons for the declining numbers that Daniel showed here.

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• HO

  @HolysticWealth-e2w · 2 weeks ago

  Agreed!!

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• JA

  @JamieK348 · 2 weeks ago (edited)

  This is a classic example btw of the former CEO making a series of bad decisions and affecting the trajectory of the business. But I have learned that a business whose brand is a big part of their moat is no longer a &quot;hard investment yes&quot; due to consumers&apos; changing tastes.

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• OF

  @offthetrail5675 · 2 weeks ago

  My kids tell me they are no longer seen as super desirable shoes. That is enough for me.

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