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InvestTalk

InvestTalk 7-10-2024 – Nike’s Ex-Exec Return: Stock Boost?

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K Ratings

🗓️ 11 July 2024

⏱️ 48 minutes

🧾️ Download transcript

Summary

Nike brought back retired executive Tom Peddie to mend strained relationships with key retailers. This move aims to revitalize wholesale partnerships and distribution channels. Will this strategic decision impact Nike's stock performance and strengthen its position in the competitive athletic wear market?

 

Today's Stocks & Topics: MO - Altria Group Inc., Market Wrap, OPCH - Option Care Health Inc., AMD - Advanced Micro Devices Inc., NVO - Novo Nordisk A/S ADR, PAYC - Paycom Software Inc., Nike’s Ex-Exec Return: Stock Boost?, GPE Ratio, SBUX - Starbucks Corp., Car Prices, CHWY - Chewy Inc. Cl A, CM - Canadian Imperial Bank of Commerce.



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Transcript

Click on a timestamp to play from that location

0:00.0

At a time when investors are confronted with market volatility and a variety of challenges fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic

0:15.8

pressures.

0:16.8

Justin Klein and Luke Guerrero stand ready to take your finance and investment questions and share their unbiased answers.

0:26.0

Invest Talk is made possible by KPP Financial,

0:30.0

a registered investment advisor firm, serving clients throughout the United States.

0:35.0

The clarity for your path forward starts now.

0:40.0

Here is KPP Financial Chief Executive Officer, Financial Advisor Justin Klein.

0:48.0

Good afternoon fellow investors and welcome back to Invest Talk. This is our Wednesday, July 10th, 2024 edition.

0:55.8

I'm Justin Klein here with Luke Guerrero once again. Thanks for being back with us, Luke.

1:01.7

Always good to be back here with you.

1:04.0

There we go and today is the same as usual.

1:08.0

There's two of us means two perspectives and a lot more to unpack, but really this show is about you and giving you the right data as well as actionable advice that you can take the next step in your journey, which is the journey of education.

1:26.4

Our whole lives, where we should all be striving to get better at every part from business to our relationships to our investing and we're the

1:38.5

investing side we're not going to give you relationship advice but we are here

1:41.2

to help you navigate these interesting times and we do that by

1:46.8

mainly by answering your finance and investment questions. So we are ready for

1:50.9

your calls at 889 chart.

1:53.1

We also bring topics to the table,

1:56.9

which we'll run down here in a little bit,

1:59.0

as well as talk about the market performance for today.

2:02.4

But let's tackle our first caller question now.

2:06.3

I was calling about Altria Group M.O. It went underneath my basis. Now I just reached my cost cost basis I wanted to know if I should sell it or

...

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