03-22-2017, 11:50 AM
(03-22-2017, 09:21 AM)Rasec Wrote: And we're back at buying Nike, I guess!
I'm not too comfortable with NKE. They are losing market share to adidas and others. That conference call was not good at all, and they even said they are losing to competitors. Foot Locker FL to me is the only place to invest if you want to be in the sneaker business. They are hitting on all cylinders and its only trading at a 14 PE. On another note I bought some MO today. I dont know how many times I turned down buying this stock over the last 6 months. I figured mine as well buy. It's probably headed to $80 lol