We came across a bullish thesis on NIKE, Inc. on Valuations’ Substack. In this article, we will summarize the bulls’ thesis on NKE. NIKE, Inc.'s share was trading at $64.38 as of January 19th. NKE’s trailing and forward P/E were 37.65 and 41.32, respectively according to Yahoo Finance.
Nike (NKE) is widely regarded as the most iconic apparel and footwear brand globally, commanding dominant market positions across basketball and running, with 85% share in basketball footwear and 65% of NBA players wearing its products. The brand’s aspirational power, fueled by athlete...
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