NKE

Shares of apparel kingpin Nike (NYSE: NKE) have been clobbered badly this year, down a whopping 46% year-to-date. That's an excessive decline for any Dow Jones Industrial Average (DJIA) component, let alone for the finest blue chips in the basket. Indeed, analysts are worried about the inventory glut and its effect on margins, moving forward. With a rough quarter in the rear-view mirror, a recession closing in, and significant negative momentum behind NKE stock, it's tough to go against the grain. Still, I think there's a lot of value to be had by dip-buyers brave enough to "just do it.
https://www.tipranks.com/news/article/nike-stock-nysenke-compelling-value-after-historic-plunge?utm_source=advfn.com&utm_medium=referral