Dividend Diplomats are not buying Nike (NKE) at current prices due to its declining metrics and uncertain turnaround, but might consider it if the stock falls to the mid-30s.
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This GLOBAL Iconic Stock is DOWN OVER 30% THIS YEAR...Why I'm STILL NOT BUYING
Dividend DiplomatsApr 15, 2026
The Dividend Diplomats discuss Nike (NKE), noting its significant stock price decline and current challenges including flat revenue, declining gross margins, and a high payout ratio. Despite a strong balance sheet, they express concern over intense competition and a distant turnaround, leading them to hold off on buying at current prices, with a potential interest if the stock drops to the mid-30s.
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