Now should I jump on the bandwagon or still tood late?

2018년 3월 10일

Nike has been a sensational investment because it is phenomenal brand with high-quality products led by a skilled management team. However, it is not a moat-wide company, being under pressure and up against competition like ADIDAS. However, despite declining growth rates and margin prospects the stock has jumped from 52USD to 66USD.

Based on the concept of relative strength according to Levy the stock is not ranked in the S&P 500 amongst the top 100 securities (with a RSL value of 1.01). You can see that the stock has lately left the trend channel, but at once reversed back, meaning that a new chart pattern is supposed to be built

The most tangible problem for NIKE would be Trump's trade war offensive if Chinese suppliers in close relation to America brands were affected by import tariffs. Chinese manufactures are part of the global supply chain sourcing clothes for retailers, and so Nike will indeed face ripple effects.

Nike is a very solid investment, which accounts for the high stock price reflecting the company goodwill.

Company value: B
Growth/'EPS' surprise: C
Momentum: B
Risk: B
Overall: B

Looks great, yes. Be aware that current choppy market sentiment is driving stocks up and down on weekly basis. I am going to wait for a clearer signal and crossings for all my indicators.

*Investments can go up as well as down and involve the risk of loss. Past performance will not necessarily be repeated in the future."