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Nike: Valuation Is The Primary Issue

2013-06-11 20:05:29| Footwear - Topix.net

The share price of Nike has appreciated by 22% year to date. Although the stock has recently traded off from its 52-week high, the current price level does not represent a good entry point based on the following reasons: 1. Nike shares are somewhat expensive relative to the comps.

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Category:Consumer Goods and Services

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