Nike (NYSE:NKE) benefits its stockholders by constantly paying dividends and repurchasing stocks. However, the firm is currently not a good long-term investment. The market is being too optimistic about its performance, and it is overvaluing it by 18%. It is almost impossible for the firm’s expected growth rate to sustain current stock price.
In the complete article, you will be able to see how the market can make mistakes with firms that show strong fundamentals.
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