104565836
OP
RoyUP
:
If you look at the earnings report, you'll find that he has lost profit growth. Businesses that haven't grown are not worth the high price-earnings ratio. EPS is also getting lower, and overall fundamentals are slowly deteriorating. Fierce market competition has caused Nike to lose its growth momentum
104565836
OP
RoyUP
:
I'll sell it myself, just make a small band. There are many companies whose fundamentals have been improving for a long time, and this is not suitable for long-term holding. If you really like this company, at least wait until his fundamentals improve
RoyUP : Why does it keep dropping? (I’m a new trader)
104565836 OP RoyUP : If you look at the earnings report, you'll find that he has lost profit growth. Businesses that haven't grown are not worth the high price-earnings ratio. EPS is also getting lower, and overall fundamentals are slowly deteriorating. Fierce market competition has caused Nike to lose its growth momentum
RoyUP 104565836 OP : So should I sell it once it hit 89 or something
104565836 OP RoyUP : I'll sell it myself, just make a small band. There are many companies whose fundamentals have been improving for a long time, and this is not suitable for long-term holding. If you really like this company, at least wait until his fundamentals improve
RoyUP 104565836 OP : I see, I’ll sell it once it raises then, is there any other stock you recommend? I was considering to buy intel or futu
104565836 OP RoyUP : I'll go buy TSMC, Google, Nvidia, now it's really cheap
RoyUP 104565836 OP : Thanks for the advice