Nike's Turnaround: If the Shoe Fits, Buy It!
NIKE TodayNKENIKE52.28▼81.57Add to WatchlistNike’s NYSE: NKE turnaround has been brewing for several quarters and may now be at hand. The FQ1 report revealed green shoots despite ongoing headwinds and aligns with an outlook for additional improvement, a return to growth, and a rebound in share prices. The question is whether the rebound is sustainable and if the stock is a good buy in October. Nike’s Win Now plan has th ...