Nike: Navigating Near-Term Challenges With Potential Upside
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Nike's share price has dropped due to slower growth, but strong fundamentals and the return of a former CEO make it a buy. Despite revenue misses, its free cash flow and share repurchase program support growth and dividend safety.

November 11, 2024 | 12:15 pm
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Nike's share price has declined due to slower growth, but strong fundamentals, a former CEO's return, and a share repurchase program make it a buy.
Nike's share price has fallen due to slower growth, but the return of a former CEO and strong fundamentals, including robust free cash flow and a share repurchase program, suggest potential upside. These factors support long-term growth and dividend safety, making the stock attractive despite recent revenue misses.
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