Nike Gets Ready to Split

Next week, Nike ($NKE) will split 2-for-1 for the fifth time since 1990. This stock has been an amazing performer. Shortly after the 1987 Crash, shares of NKE got as low as 80 cents. Today the stock is at $104.

Still, I have to say that I think Nike is very overpriced. Nike should be going for about $70.

Posted by on December 21st, 2012 at 1:18 pm

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