Comment on 'Fast Money' Recap: Nike Hurdles Over Expectations but Should You Buy Now?

'Fast Money' Recap: Nike Hurdles Over Expectations but Should You Buy Now?

NEW YORK (TheStreet) -- The S&P 500 slid Thursday but Nike beat on earnings per share and revenue expectations and future orders are impressive, pushing the stock up nearly 4% in late trading. Tim Seymour, managing partner of Triogem Asset Management, said when he first invested in Nike a few years ago the valuation was much lower.

 

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