I’ve been looking at Nike and I’m kind of torn. Part of me thinks the stock is pretty beaten down and could be a good long-term opportunity, but I’m also wondering if there’s a reason to stay away for now.
For anyone who follows Nike or has owned the stock — would you buy at these levels, wait, or avoid it altogether?
Not looking for a “to the moon” take lol.
Just curious what you guys think the biggest bull/bear points are right now and what you’d personally be watching before buying.
Appreciate any advice.