Nike (NYSE: NKE) told investors that things would get worse before they get better. In this video, Parkev Tatevosian, CFA®, answers whether investors should consider buying the stock while it’s down.

*Stock prices used were the afternoon prices of Oct. 2, 2024. The video was published on Oct. 4, 2024.

Should you invest $1,000 in Nike right now?

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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.