Nike is succeeding in clearing inventory. That’s one reason it’s time to buy the stock. - MarketWatch
1. Jefferies recommends buying NKE stock due to successful inventory management. 2. Analysts foresee a V-shaped recovery for Nike by fiscal 2027. 3. Recent visits show increased store traffic, confirming effective inventory clearance strategy. 4. Nike's stock price is attractively valued at 1.8x price-to-sales ratio. 5. Management shifts focus back to performance products can boost future revenues.