NIKE Stock Down 60% 🤯 (Time To Buy?)

Nike stock has dropped significantly! I wanted to do a Nike stock analysis in this video where we dive into the latest Nike stock predictions following the news that it was recently bought by Bill Ackman. This is a time-sensitive video as Nike's stock is approaching major support levels. Don't miss out on understanding what this could mean for your watchlist & potential investment strategy.

– Who Am I? –

I go by the name Deadnsyde because I try to practice being "non-emotional" (aka dead inside) when stocks move up & down. With 20+ years of experience (and still learning), I have studied trends. On this channel, we hunt for investments to make money together.

⛔️DISCLAIMER⛔️
I am not an attorney, Certified Public Accountant (CPA), lender, or financial advisor. My journey began with an investment of $120,000, leading me to achieve seven-figure status in trading. However, the content provided in my videos should not be interpreted as tax, legal, health & safety, financial advice, or any other form of professional guidance. The information may be outdated or inaccurate, and it is your responsibility to verify any details independently.

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[Deadnsyde]

The iconic brand Nike is down 60% from it's highs in 2021. $NKE is VERY close to support on the chart (which I show in the video). This is 11% of Bill Ackman's portfolio (he's boosted his Nike stake by 436%). Do you think Nike's stock can turn around soon?

[djstreamers]

Thank you Deadnsyde. NO ONE will go through the conference calls like you. So glad you’re back

[marcosgeorge]

Perfect timing, bought 10 minutes before you posted.

[Danieltkb]

I have almost 600 shares of Nike. Big bags. I am unbreakable. Buying since 2020

[alenhodzic]

Nike is a great example of a very good company that is currently in excellent financial shape. Most seem to agree that they are undervalued. I think so as well. Most analysts have the stock fair value anywhere between $100 and $120. They trade around $70 currently. I think that there is a lot to like about Nike. Their financials are excellent. Revenue has been declining recently but I don't that's necessarily find that concerning and it something that can change next quarter. Stock is pretty cheap and undervalued. p/e ratio is very good, around 20. They even pay dividend. With the fear index being high and some economic uncertainty currently, I am not sure what Nike stock or any other for that matter might do short term. But with a little patience, I have no doubt that Nike should bounce back to higher price. All the fundamentals are there. I am more into tech companies myself and I find these type of sectors not as sexy personally but that's just me. From valuation point of view, it is a great stock to take a chance on definitely.

[vladiny]

Glad you talking NKE. I have been slowly DCA into it since June 2024.

[feekh]

What you think about $nvo / also Nike might see downside from the tariff talk ??

[juansuarez]

I've been buying $NKE shares pretty heavily along with some LEAPS, long nike, very bullish

[bdger]

what do you think about MRNA and CELH, similar setups

[hereweare]

Its showing a triple bottom on the daily.

[trent]

I took a starter position today. Will add more maybe around $68ish and continue to buy to the bottom I don’t see this going under $60. I plan to sell the bounce probably get out around $80 this is not my typical investment.

[NIOLIFE]

Can't believe you didn't use this opportunity to add Shia on the thumbnail.

[babydel]

I like the insider buy but would like to see more 👀

[sercanaksoy]

You need star power and this new generation has zero stars, Nike has lived off Jordan and Ronaldo for the last 30 years back down to 40 dollars.