The investment community seems to have locked on to
Nike's (NYSE:
NKE)
"China problem," and this quarter's results aren't going to help. The
good news is that investors can still take advantage of this situation
to build a position in a stock that very rarely ever gets down to a fair
price, let alone cheap. The bad news, however, is that results could
slow in the interim and Wall Street is very much a "what have you done
for me lately?" sort of business.
To read more, please follow this link:
http://www.investopedia.com/stock-analysis/2012/China-Still-A-Pebble-In-Nikes-Shoe-NKE-ADDYY-VFC-LULU1001.aspx
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