Nike: Just Do It, Once In A Decade 'Reflexivity' Chart Convergence
NKENIKE(NKE) Seeking Alpha·2024-08-15 23:30

Robert Way This hasn't happened in a while Data by YCharts When I started writing this article for NIKE, Inc. (NYSE:NKE) a few weeks ago, the reflexive pattern was even better than it is now with 10-year price growth finally dipping below earnings growth. These are normally very bullish signs, especially when it comes to established brand names. While the stock has rebounded a bit, we still observe a convergence of the growth lines that really hasn't occurred since 2017. Although Nike stock is going through ...