If the shoe fits, wear it

If the shoe fits, wear it

NIKE Inc. (NYSE: NKE): With the new school season upon us, kids and young adults are headed to school. They will need new footwear, apparel, accessories and equipment to walk around in and participate in physical activities.

NIKE Inc. (NYSE: NKE) is worldwide recognized brand that is affordable, and also endorsed by some of the biggest athletes and celebrities in the world.

NIKE Inc. (NYSE: NKE) has a 52-week high of $60.53 (U.S.) and a 52-week low of $49.01 (U.S.). It last traded at $52.40 (U.S.) on Sept 7th, 2017

On Sept 5th, 2017, NIKE Inc. (NYSE: NKE) announced plans to release its first quarter fiscal 2018 financial results on Tuesday, Sept. 26, 2017, at approximately 1:15 p.m. PST, following the close of regular stock market trading hours (https://www.stockhouse.com/news/press-releases/2017/09/05/nike-inc-announces-first-quarter-fiscal-2018-earnings-and-conference-call)

You want to look at “blue chip” stocks near 52-week lows before they have significant news out. NIKE Inc. (NYSE: NKE) is the kind of company that will be around until the sun explodes or we all die in nuclear holocaust.

With their financials expected to come out on Sept 26th, 2017, which is only 18 days away, I think it is very opportune time to look at NIKE Inc. (NYSE: NKE)

Alex Horsley
Bull Market Letter
Founder and Chief Editor
C: 604.618.3058
O: (604)773-7269
Alex@bullmarketletter.com
www.bullmarketletter.com

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