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Market Mondays

The Wrap Up: NIKE'S STOCK IS CHEAPER THAN JORDAN SNEAKERS

Market Mondays

EYL Network

Investing, Entrepreneurship, Business

5.04.1K Ratings

🗓️ 1 July 2021

⏱️ 12 minutes

🧾️ Download transcript

Summary

In this wrap up we discussed Nike’s stock as well as investment advice.


Link to Full Episode: https://youtu.be/HYsP4I6jZ1g


Link for Red Panda Stock Club: https://bit.ly/3hjaDfd


EYL University: https://www.eyluniversity.com



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Transcript

Click on a timestamp to play from that location

0:00.0

So Nike is obviously something that I've given a lot of money to.

0:05.6

As everybody knows that I am a dial at sneaker head and I obviously in the

0:09.2

Fizz airspace, I bought a lot of Athletes aware.

0:10.9

So Nike's having a rough 2021.

0:14.0

It had a really good 2020 because people were home, a lot of people working

0:17.6

out from home, a lot of Athletes aware and that they can't

0:21.4

paint on the sneakers app is just ridiculous.

0:23.4

It's a guarantee gold mine every Saturday that they don't sell out shoes.

0:27.5

And so Nike's going to be reporting Thursday as well.

0:29.2

The peak that 146 in January, I think is right now at like 130.

0:33.9

And so it's one of those companies obviously has been here.

0:36.7

It's the number one provider of sneakers in the world.

0:41.3

And so we're keeping our eyes on that.

0:42.9

So that is our earnings report for this week.

0:46.5

Yeah, Nike amazing carnival.

0:49.2

FedEx phenomenal.

0:50.5

Nike gets to 116 as sheepling the damn shoes like.

0:56.0

We spoke about this thing that I when we got at the breakfast club,

0:59.0

that was one of the things we said, like, look, if you're buying that many sneakers,

1:02.1

right, you could have bought at least 100 shares at least.

1:06.4

Yeah, right.

1:07.2

A lot of people have a sneaker budget, but they don't have a Nike allocation for

...

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