BOCOMI wrote in a report that it expected BABA to report 1FQ25 revenue of RMB251 billion, up 7% YoY, and an adjusted EBITA margin of 17%, down about 2 ppts YoY, mainly due to increased investment in e-commerce business to gain market share. BOCOMI forecasted BABA's e-commerce GMV to grow 6% YoY in 1FQ, in line with market performance. Thanks to the continued implementation of price power and user-centric strat...
103706768
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Appearal giants lower PE better they dont grow much margin like tech stock but normally discretionary gets overvalue during bullmarket. Its undervalued now
103706768
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Chill, its down 70% from ATH right now. Normally discretionary stocks do well during recessions cuz they are so beat up, nike is better to be in than tech and banks stocks
Prosperity8888
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It will never hit 60s. Nike is not a tech stock. With the Olympics coming the stock should rebound over this period to 76 or higher. It is currently been dragged down by this bearish trend. If not would have recovered to above 73
103995812 : Omg, please dont joke until my toes laugh.