This here thing about Dan Lanning and that Nike stock, well, it’s a mess, ain’t it? Nike, you know, that big shoe company, their stock ain’t doing so hot. Lost more than half its worth since, when was it? November 2021. That’s what they say. Like a leaky bucket, just draining out. They say they losing ground to them little fellas, the smaller shoe makers.
Now, some folks, they say there’s still hope for Nike stock. They got some reasons, four of ’em, I heard. One, they say Nike’s got a plan, a turnaround plan. Like when you turn your socks inside out ’cause they got a hole. They thinkin’, these folks are. They say that’s why you should jump in now, buy that Nike stock before it goes up again. Maybe.
But then, other folks ain’t so sure. This year, the stock’s down, like 22%. That’s a big drop, like dropping a whole basket of eggs. Could go down more, they say. Nike stock, it’s like a gamble, like bettin’ on the weather. You just don’t know.
Time will tell, I reckon. Just gotta wait and see which way the wind blows. Like waitin’ for your crops to grow, you just gotta be patient.
Some fancy folks, called analysts, 28 of ’em, they tryin’ to figure it all out. Ten of them are yellin’ “Strong Buy!” Like it’s the best thing since sliced bread. Eight are sayin’ “Buy,” just regular buy, not so loud. Another ten, they just shrug, sayin’ “Hold.” Like holdin’ onto your hat in a strong wind. Not bad, not good, just hold. Nobody’s sayin’ “Sell,” though. Not yet anyway.
They got this thing called a “fair value.” For Nike, they say it’s $117 a share. Sounds like a lot to me. They say Nike stock is undervalued now. Like findin’ a twenty dollar bill in your old coat pocket. A good surprise. Their earnings, whatever that means, they beat the guess. They guessed 51 cents, Nike made 70 cents. So, they did better than expected. That’s good, right?
Some say Nike is a “sound stock.” Like a good, sturdy house. Steady, they say. Earnings, revenue, income, all goin’ up. They got a strong balance sheet. That means they got money, I suppose. And the management, the big bosses, they know what they doin’, or so they say. They say that if a company’s sales and margins, that’s like the profit, I reckon, are goin’ up, then the stock price might go up too, in the future. But one must always see the profit of the company and reasons for the increase.
- They talkin’ about margins. You gotta watch them margins.
- See why they goin’ up.
- Is it ’cause they sellin’ more shoes?
- Or ’cause they chargin’ more for ’em?
- Or maybe they found a cheaper way to make ’em?
This Dan Lanning fella, he’s the coach, right? Football coach. He’s all tied up with Nike, wears their stuff, I guess. He probably gettin’ paid a pretty penny. Maybe he knows somethin’ we don’t. Or maybe he don’t. Who knows?
It’s all a big puzzle, this stock market thing. Like tryin’ to figure out a quilt pattern with your eyes closed. You can feel the pieces, but you can’t quite see how they all fit together. You need to check the reasons that make Nike stock price rise.
All this talk about Nike stock, it makes my head spin. Like a chicken with its head cut off, runnin’ around in circles. I just stick to my garden, tendin’ to my tomatoes. They might not be worth much, but at least I understand ’em.
But if you got some money to play with, and you like a little gamble, maybe Nike stock is for you. Just remember what that old saying: “Don’t put all your eggs in one basket.” ‘Cause if you drop that basket, you’re gonna have a big mess on your hands.
This whole Nike stock thing, it’s like the weather. Unpredictable. One minute it’s sunny, the next it’s pourin’ rain. You just gotta be prepared for anything. And have a good umbrella, just in case. Or in this case, maybe a good financial advisor, whatever that is. Someone who understands all this money talk better than I do.
One more thing, if the company is big and strong and has a good name, like Nike, that usually means somethin’ good, people love to buy Nike products. So maybe those people saying “buy” are right. But then again, them little companies, they might be makin’ better shoes for cheaper. It’s a tough call.
