Just Do It?

By Steve Abraham on Oct 15, 2007

For those of you from planet MARS, that is the slogan for a company called NIKE. NIKE is the leader in athletic apparel and many other sporting related accessories. They also have a few marquee names like Tiger Woods, Micheal Jordan, etc who help sell their products. NIKE’s stock looks like its breaking to new highs here. A lot of NIKE’s business is international and no doubt that is a catalyst for the stock’s recent run up. I like the company and its products, but I would wait for a pullback before “just buying it” with NIKE. Here is a chart:

This entry was posted on Monday, October 15th, 2007 at 7:20 pm and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.

3 Responses to “Just Do It?”

By Elizabeth Pogue on December 20th, 2007 at 1:47 pm

From looking at wize trade, Nike will be profitable in November.

By Allie Baldwin on January 10th, 2008 at 2:24 pm

Dang, what happened to Nike between March and July? And why’d it spike so high? I kept this one out of my portfolio. I was getting into Under Armour instead. (which is doing phenominal) I can’t figure it out. Let me check my wizetrade charts and get back to you all.

By Ginger Sullivan on January 18th, 2008 at 2:57 pm

I agree. Your dead on. Wizetrade is pretty helpful too.