Fool.com contributor Parkev Tatevosian reviews Nike's (NKE 0.19%) latest investor update and lets you know if the stock is a buy.
*Stock prices used were the afternoon prices of Dec. 29, 2023. The video was published on Dec. 31, 2023.
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Should Investors Buy Nike Stock on the Dip?
By Parkev Tatevosian, CFA
–
Jan 2, 2024 at 9:15AM
NYSE: NKE
Nike
Market Cap
$142B
Today's Change
(0.19%) $0.18
Current Price
$94.12
Price as of April 26, 2024, 4:00 p.m. ET
Nike reported a disappointing quarterly earnings report that sent the stock price crashing.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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