Nagel: This is likely the last bad report for Nike, a clearing event

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  • Опубліковано 21 жов 2024

КОМЕНТАРІ • 62

  • @paulgilliland2992
    @paulgilliland2992 3 місяці тому +18

    Nike stores in Asia are very popular and it’s very common to see Nike shopping bags everywhere. At $40 for a $3 tee shirt it’s difficult to see how they aren’t making money.

    • @forretresss
      @forretresss 3 місяці тому

      Asian and global economies are slowing down with global interest rates being so high. Next year retail will rise back hopefully.

  • @nicjo4470
    @nicjo4470 3 місяці тому +7

    Doesn’t talk about the elephant in the room with that weak leadership executives at the company starting with John Donahoe.

  • @Idealgentlemen_
    @Idealgentlemen_ 3 місяці тому +38

    Nike is the Apple of the apparel industry, if you think they’re going anywhere you’re fooling yourself……my price target for Nike is around 143, especially considering their balance sheet and if the fed decides to cut rates at any point

    • @user-el2qs3ls6m
      @user-el2qs3ls6m 3 місяці тому +1

      I think you meant to say if you think they’re not going anywhere your text doesn’t make any sense

    • @Slimecrazy234
      @Slimecrazy234 3 місяці тому +4

      Prices are too high at Nike.

    • @timt6860
      @timt6860 3 місяці тому +5

      Nah, Apple doesn't have competition like Nike has. Nike is no longer as popular as it once was especially with brands like Hoka and On taking marketshare.

    • @danieltorres-duran1984
      @danieltorres-duran1984 3 місяці тому +1

      I'm buying the dip

    • @Asmrnerd10
      @Asmrnerd10 3 місяці тому +1

      Nike is no where near the capacity of apple, what are you smoking lol.
      Apple has a future, they control a large portion of phone and computer market share. Apple makes their own hardware and software. Now they are even making their own AI chips.
      On the other hand Nike is just a fashion brand, it can go out of style or easily get replaced by another brand.
      People dont have to wear nike at all. Meanwhile, people have to use apple products.

  • @dool1002
    @dool1002 3 місяці тому +1

    Nobody ever talks about Nike 's exclusive deals, patents, designs, license agreement, and brand value alongside their huge research and development program. Thats what gives them their edge. They are a leader in their industry and set the bars.

  • @mohammedal-r471
    @mohammedal-r471 3 місяці тому +5

    I think there is more downturn for the company

  • @brucearrington9214
    @brucearrington9214 3 місяці тому +13

    I will buy when it drops to $70

  • @jivepatrol6833
    @jivepatrol6833 3 місяці тому +4

    Love my Nike shoes but this is about a $55-60 dollar stock or less..

  • @RichardTrujillo-g3o
    @RichardTrujillo-g3o 3 місяці тому +2

    I am bothered by analysts who cover stocks that have large China businesses, and who have grown by making big investments into China, when these analysts don't bother to stay up with developments in China. He has a price target of 120 and the stock is at 76. He obviously knows little to nothing of the extreme weakness of the Chinese consumer, and the growing nationalism which causes the demand that does exist to go to Chinese domestic brands. More examples of the same: Starbucks, Apple, Pepsi, Tesla, etc. All of these businesses will suffer lower revenues, but that doesn't appear to be priced in until they can no longer obscure the declines. Cheers

  • @utubeisfake
    @utubeisfake 3 місяці тому +29

    you can tell this guy is down BIGGG on nike, just how hes talking......

  • @SpaceTravel1776
    @SpaceTravel1776 3 місяці тому +4

    Nike brand lost its cachet. It's just another brand now. Jordan is less relevant to kids today, he might as well be Wilt Chamberlain.

  • @wstudio54
    @wstudio54 3 місяці тому +1

    Nike only respects bots. They deserve this dump. Simplicity is better with other brands, consumers are ignoring the constant trash shoes they release every week since the product they want isn't obtainable. Let alone their apparel is pricey and quality doesn't match up to the pricing.

  • @tonegreen7985
    @tonegreen7985 3 місяці тому +1

    The Jordan brand is dying

  • @glennjthompson332
    @glennjthompson332 3 місяці тому +2

    Nobody's buying for high price retail!?😆

  • @willberry6434
    @willberry6434 3 місяці тому +2

    This guys intonation annoys tf out of me

  • @Quiblets
    @Quiblets Місяць тому

    My husband's $300 Nike sneaker just broke. (He bought it for less)
    He only had it for a year. What horrible plastic you guys are using.

  • @chiquita683
    @chiquita683 3 місяці тому +11

    Nike is a buy at $20

  • @Artlifeinventors
    @Artlifeinventors 3 місяці тому

    I have the most bestist marketing stradegy for Nike a creative idea they should have done decades ago...

  • @michaellee7841
    @michaellee7841 3 місяці тому +1

    Meh, will never buy another Nike product with my own money.

  • @mkozhin
    @mkozhin 3 місяці тому

    Last bad report if John Donahoe resigns! While he's there Nike will suffer as he's incompetent and can only destroy this iconic brand!

  • @RK-um9tu
    @RK-um9tu 3 місяці тому

    I haven't worn Nike shoes in over 2 decades...

  • @JimmyHuynhdesign
    @JimmyHuynhdesign 3 місяці тому

    NKE at $43 by March 2025

  • @KungPowEnterFist
    @KungPowEnterFist 3 місяці тому +2

    Nike is a buy under $30.

  • @timt6860
    @timt6860 3 місяці тому +1

    Nike is a stale brand with 0 moat and so many competitors.

  • @MichaelEngeldinger
    @MichaelEngeldinger 3 місяці тому

    r you aware cocaine is illegal ?

  • @glent7853
    @glent7853 3 місяці тому +1

    Sorry, hokas fit so much better

    • @AM-lz2jr
      @AM-lz2jr 3 місяці тому

      My mom tried them 3 times last year and returned each time. Said it digs into the inner side of her feet

  • @cuzmariosaidso
    @cuzmariosaidso 3 місяці тому +1

    Bruh price is like 76 at the moment, this talking head says 120 while we are in recession 😂😂😂 ONLY IN AMERICA 🎉

  • @jamessheard7067
    @jamessheard7067 3 місяці тому +1

    Using Peter lynch's investing mistakes, " it cant go any lower" is icing on the cake here.

  • @JamesK1963
    @JamesK1963 3 місяці тому

    Their products aren’t that special. I love my On Clouds.

  • @Marcel-x7i
    @Marcel-x7i 3 місяці тому

    they get it? where is the accountability? Johnny boy should be out of a job. what a trainwreck

  • @johnf6687
    @johnf6687 3 місяці тому

    There not the only one company

  • @jvegas3209
    @jvegas3209 3 місяці тому

    Probably because you cant eat shoe leather

  • @refham
    @refham 3 місяці тому

    I'll not buy this shoes anymore. So disgusgting~

  • @darrenhere5856
    @darrenhere5856 3 місяці тому

    Nike - Disney Nike - Disney..... hmmmm

  • @markcohen3325
    @markcohen3325 3 місяці тому

    nagel should adjust his greasy wig, this rec is an epic fail.

  • @RocketsExclusives
    @RocketsExclusives 3 місяці тому

    The presenter😂 - Stocks you also want to look long term,

  • @deanvm9158
    @deanvm9158 3 місяці тому +2

    No more nike for me. I regret having spent money on Nike shoes.
    I dis not know this. I didn't know they were woke.

  • @loh1870
    @loh1870 3 місяці тому

    Why you always liein tho 😅

  • @flewuniverse2326
    @flewuniverse2326 3 місяці тому

    Nike very bad performance

  • @MichaelEngeldinger
    @MichaelEngeldinger 3 місяці тому

    sec , mafia, you, Ed ake , have fun sweet princess

  • @user-el2qs3ls6m
    @user-el2qs3ls6m 3 місяці тому +1

    This guy obviously works for Nike disaster analyst

  • @mmercato7174
    @mmercato7174 3 місяці тому +2

    Nike is good !