Nike reported earnings today and the stock is down after the results 7 %.

Anyone buying $NKE+1.6%stock on this drop ?

NKE

Nike

NKE
$72.56 $1.15 +1.61%
Capital Structure
Market Cap
109.5B
Enterpr. Val.
111.6B
Valuation
P/E
19.5
P/S
2.1

The price doesn't seem to me to be significantly low

It still doesn't seem downright cheap to me. I would see a fair price somewhere more towards 80$. It's hard for me to rate moat as well, since fashion trends change pretty quickly.

Nice drop and potential buying opportunity. 😊

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