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Is Now the Right Time to Buy Nike Stock?

TheMotleyFool

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Is Now the Right Time to Buy Nike Stock?: https://g.foolcdn.com/editorial/images/705144/jogging-break.jpg

Nike (NYSE: NKE) investors have no shortage of worries heading into the key holiday shopping season. Sales trends are slowing in key markets like China and the U.S., inventory is building, and a potential economic slump threatens to amplify these challenges into 2023.

Investors rarely get screaming-buy opportunities when everything looks rosy, though. More often, these stock-buy chances come around during rocky economic times like these.

With that in mind, let's look at whether Nike is a good buy right now.

Source Fool.com

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