Just bought some Nike leaps. No not bc of Maduros suit…..
Bullish on the brand. Stock has been in the toilet for a few years and recent headlines got me thinking there’s value in this trade
IF Supreme Court reverse tariffs this is a company that will IMMEDIATELY benefit as costs out of Vietnam and other suppliers decrease. That hearing begins Jan 12th and I am speculating that wall st piles into this and other companies that benefit from tariff reductions/elimination. Costco/Walmart/Amazon are also ones to consider but I really like the setup for Nike. Even if tariffs are held in place , I am comfortable entering a long term position in Nike based on where it’s trading today.