HomeIndustriesRetailSwartz: NKE Can Return to Former Glory, ‘Undervalued’ Right Now

Swartz: NKE Can Return to Former Glory, ‘Undervalued’ Right Now

David Swartz reviews Nike’s (NKE) new corporate strategies, including a partnership with Kim Kardashian, saying the stock is “undervalued’ right now. His fair value estimate is $112/share. He likes new CEO Elliott Hill, saying he “has what it takes to get Nike back on track.” He also thinks Nike has an advantage in the athletic space because of its infrastructure and reach. He also likes Under Armour (UAA).

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24 Feb 2025

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