Good Things Are Ahead For Nike, But Don’t Buy It Just Yet

Nike (NKE) shares are up 13.5% since the start of the year. That means they’re fully valued at the moment, writes Needham’s Rick Patel, but that doesn’t mean investors shouldn’t be on the lookout for better entry points. Getty Images/iStockphoto Patel initiated coverage of Nike with a Hold rating on Wednesday (although he leans positive), […]