I think the $75 price range is already taking into account the 2025 sales being bad . If they show any signs of doing better than they expected back up we go. I’m slowly DCA from here and hope it drops below $70, but if it doesn’t least I’m getting a foot in the door now slowly
There's something too suspicious with them. I can't put my finger on it and I don't own any shares, but I'm going to stay off them for a while. Good points JP, thanks for the video!
@@JP_Dividends I'm not sure. Maybe because they're "woke". Maybe because there's rumors about sweatshops, etc. I think they were a great company once, but not so much anymore.
It’s fashion. Fashion is trouble for especially male investors. We are so bad it. People get tired of a brand and it can take years for them to come back. But market and even its competitors are down so it’s not a Nike problem. Nike is so big, pays a dividend, they can turn it around with enough time.
I think the $75 price range is already taking into account the 2025 sales being bad . If they show any signs of doing better than they expected back up we go.
I’m slowly DCA from here and hope it drops below $70, but if it doesn’t least I’m getting a foot in the door now slowly
Agreed the $75 is already pricing in the bad 2025 but I’m worried it could continue for longer. Slowly DCA is a good plan! Thanks for sharing!
@@JP_Dividends "The market can remain longer irrational, than you can be solvent"
@@Morrice79 thats normally a reference to shorting a stock isn’t it?
Great review, thanks - subbed
Thanks for the support!
There's something too suspicious with them. I can't put my finger on it and I don't own any shares, but I'm going to stay off them for a while. Good points JP, thanks for the video!
Haha what makes them suspicious in your opinion? And agreed with staying away from them. Thanks for the support!
@@JP_Dividends I'm not sure. Maybe because they're "woke". Maybe because there's rumors about sweatshops, etc. I think they were a great company once, but not so much anymore.
It’s fashion. Fashion is trouble for especially male investors. We are so bad it. People get tired of a brand and it can take years for them to come back. But market and even its competitors are down so it’s not a Nike problem. Nike is so big, pays a dividend, they can turn it around with enough time.
Agreed I think they can definitely turn it around long term, thanks for the input!
I buy a little. The Olympics come next month. Nike gets huge exposure.
Fair point! I wonder if the olympics will help increase Nike’s revenue for the quarter.
@@JP_Dividends think you can get a decent 15% the next 2 months
Nah...Warren Buffet said fck no. It's a convoluted brand.
Haha damn Buffett said fuck no to Nike? He ain’t dripping😭💰
Memo; growing dividiend for 11 years
Caitlin Clark need to performe really good.
Clark is a beast💰
Memo: nike owns converse
I researched and 2003 nike bought converse for 305 million us dollar
I bought during the dip for 70,80€ but 30 Min mater it dropped to 69,50€😢🪦
Well if you’re a long term investor don’t stress the small swings!