Vetr Crowd Upgrades Nike Despite Negative Foot Locker Headlines


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Vetr's crowdsourced stock rankings upgraded Nike Inc (NYSE:NKE) from 4 stars to 4.5 stars even as revised Foot Locker, Inc. (NYSE:FL) guidance spooked investors in the footwear space.

The crowd rates the stock as a Strong Buy, with a price target of $59.57. The community's target is mostly in line with analysts' price target of $60.73.

See how crowdsourced ratings can help predict the market?

Nike stock was slightly down after the close Wednesday, ending the day at $52.56.

For the Vetr crowd's full analysis of Nike, click here.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: UpgradesPrice TargetCrowdsourcingAnalyst RatingsGeneralVetr