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NIKE, Inc. (NKE): A Bull Case Theory

We came across a bullish thesis on NIKE, Inc. (NKE) on Substack by Stock Analysis Compilation. In this article, we will summarize the bulls’ thesis on NKE. NIKE, Inc. (NKE)'s share was trading at $77.96 as of Dec 12th. NKE’s trailing and forward P/E were 22.34 and 28.65 respectively according to Yahoo Finance.

[caption id="attachment_1193512" align="aligncenter" width="768"] A close-up of a hand holding a casual sneaker with the Nike logo on it.[/caption]

Nike, the global leader in athletic footwear and apparel, derives its revenue from a balanced mix of wholesale and...