“Three Turn-Around Stocks I’m Buying Today”
Avoid buying NKE due to severe operational downturn (declining revenue/earnings) combined with an unattractive high valuation.
First, there's Nike. I've reviewed this stock, and each time I decide against buying it. This is partly because I believe it's heading into a very difficult situation. It's a company similar to Disney, with excellent assets and a great brand, but it's not leveraging them optimally to generate profit.