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Bill Combs
@billcombs · Sep 20

Shares of $NKE are up 6% today after Nike said its former CEO will return to the company. That's good news, but the company hasn't been doing well and the stock has been down for a long time.

I previously had $NKE stock in my portfolio and sold it fairly quickly, which was a good decision. I would not buy their stock again.

What's your take on $NKE?

MS
Malcolm Stokes @stokes_malky Sep 25

Well if the stock drops even more significantly, it could be a nice buying opportunity.

BC
Bill Combs @billcombs Sep 30

It might be a nice speculation, but I wouldn't take it as an investment.

TM
Trevor Mills @trev_mills Sep 25

The financial statements look scary. This is definitely not my favorite company.

BC
Bill Combs @billcombs Sep 30

Admittedly, the numbers aren't pretty right now.

NT
Nigel Thornton @_thornton Sep 25

The company may be changing management in some way, but that doesn't solve the whole problem.

MS
Malcolm Stokes @stokes_malky Sep 25

How's that? However, management can change the most. I believe things will turn around now and the company will start to thrive.

AA
Ashraf Aboudar @ashraf_dd Sep 22

Well, let's see if this growth will support the results or if the stock will come back down again.

BC
Bill Combs @billcombs Sep 30

Overall, I expect the results to not be the best right now.