Should Investors Buy Nike Stock on the Dip?

Nike reported disappointing quarterly financial results that caused the stock price to crash.

A portion of this video is sponsored by The Motley Fool.

The Motley Fool Stock Advisor returns are 650% as of 05/06/2024 and measured against the S&P 500 returns of 150% as of 05/06/2024. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.

DISCLAIMER:
All content on this channel is for entertainment and should not be taken as professional financial advice.

#growthstocks #growthstockstobuy #growthstockinvesting #bestgrowthstocks #topgrowthstocks #bestgrowthstockstobuy #topgrowthstockstobuy #topstockpicks #stockmarket #stocks #stockstobuy #topstockstobuy #beststockstobuy #stockmarketinvesting #investing #invest #investors #warrenbuffett #Cathiewood #investingeducation #valuestocks #garpstocks #stockstoinvest #parkevtatevosian #motleyfool #elonmusk #teslastock #tslastock #amznstock #aaplstock #pltrstock #palantirstock #sofistock #sofi #paypalstock #pyplstock #stockmarketbuys #stockmarketcrash #bullmarket #bearmarket #cnbc #cnbcstocks #cryptocurrency #gold #passiveincome #passiveincomeideas #passiveincomestrategies #dividendstocks #dividendinvesting #dividendstockstobuy #bestdividendstockstobuy #topdividendstockstobuy #dividendos #usastocks #usstocks #financialanalysis #technicalanalysis #fundamentalanalysis #securityanalysis #equityinvesting #dividendyield

[RoTelnCheese]

DCA from here down to lower levels. They won’t go bankrupt, they’ll always find a way to get back to better days.

[lucyyy]

Got all my money on Nike, this is a huge discount deal, buy the dip!

[adamortner]

Thank you for the good analysis. I noticed the dip, and was wondering why. I like the competition, but i agree that competition like ONON will fade compared to Nike. I will probably get in modestly, before it recovers!

[fsbsfux]

Thanks for the helpful update, I purchased more shares after the crash. After rate cuts it will be different. There will be less need to offer many incentives for promoting sales.

[psychosylocibin]

Question - how can nike stock be a buy at 100, then become a “not buy” or “sell” at 75 after one earnings? Does the drop in projected revenues really still merit a sell rating after the stock has dropped 25%? I feel like stocks are always buys at their peaks and always “sells” at their lows.

[erichart]

EPS will be lowered under 3 x 20 PE=$60 high. EPS will be around 2.50 x 20PE= $50. It’s a sell until it gets around $55

[evanjohnson]

On-Running (ONON) will continue to thrive and take market share from Nike. Everyone I've talked to like the comfort and colors. No extra jazz like you see in Nike shoes.

[rickvalmer]

Professor, here at my home we have not bought Nike shoes. We preferref Adidas and DG. The design is more atractive. Maybe company is losing appeal.

[craigheartwell]

maybe shoes are the first thing to get dropped from the shopping list when you are unemployed, and a lot of those folks are going to be the demographic that buys the classics (e.g., converse).

[subashselvaraj]

Hi Professor, Thanks for the video. Could you please make a video on Axcelis.

[Rilanit]

LAst time (not considering covid year) the price was that low was in 2018. If they cut the dividend, the price will dip more. DCA might be the smartest move here

[DavejrJr-pfdd]

Do you agree with the price target of $96 from various analysists?

[anh-thuduong]

What’s your thought about Tesla? Thank you!

[dotagedrain]

When i buy shoes, i want to look and touch it... i cant feel it online.... nike did massive mistake selling online... most luxury brands are sold at stores... we dont want to buy a $120 shoes online... i want to see if feel good or fits well... dumb nike... trying to under cut retailer stores...

[Vivldi]

Memo: footware sales are down in north america 6%

[John-nrvu]

Why Tesla surging ? Is it buy at the current price? Thanks!

[NoobieInvestment]

Love to know your opinion on PODD and SBAC

[Kingvargas]

I always appreciate your point of view, thank you.

[Matthewsss]

Could you please evaluate intest corporation?

[tmc]

Nike should sign a pop star like Taylor Swift who has the highest trend instead of a bunch of mediocre basketball players. Just like what Kanye West did to Adidas. I believe the "Swift" brand will sell as good as Jordan😂😂😂