Nike is down 28% to under $77/share this year and even after a great earnings report still trades at a depressed multiple.The stock trades for just 21x earnings now while historically trading at around 35x earnings. Be greedy when others are fearful with Nike? 🤔

Nike is down 28% to under $77/share this year and even after a great earnings report still trades at a depressed multiple.The stock trades for just 21x earnings now while historically trading at around 35x earnings. Be greedy when others are fearful with Nike? 🤔

Nike is down 28% to under $77/share this year and even after a great earnings report still trades at a depressed multiple.The stock trades for just 21x earnings now while historically trading at around 35x earnings. Be greedy when others are fearful with Nike? 🤔

submitted by /u/glira31
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