Nike, Inc. – Excellent Company

Nike continues to be one of the leading Dow 30 - Industrials composite Companies. It is on a Strong Hold, but my Indicators are breaking down.

My previously written articles on NKE (just click) provide you the history of my forecasting, its accuracy and support for my performance. For over 50 years my management objective is to identify changing trends for my forecasting analytics. I simply want to have current notes to quickly refer to on the anticipated direction of this company and its industry peers.

My Performance for Nike can be found in my table below and is about 66% per annum for the last 5 years. (not including dividends).

My management objective is to identify changing trends for my forecasting analytics. Simply stated, I want to have current notes to quickly refer to on the anticipated direction of this sector and industry group.

A Special Note for Seniors & Retired Investors - Dividend Yield: 1.24%

This week's commentary on Nike covers all of my indicators, both fundamentally for valuations and technically for momentum. Despite its relatively low dividend it can be a very safe and productive company for Income Investors. There is always much to cover to provide my best possible forecast and opinion.

Forecast w/ 5 Year Performance

Nike, Inc. and other Footwear Companies are tracking the marketplace well. The rally since mid 2012 is getting quite long in the tooth.

Note: The below Table is for your review, questions and perhaps thoughts. If you are seeking to "Invest Wisely" in my "Income & Growth Asset Allocation Model," please email me to open a dialog on how I go about providing superior performance with a very low threshold of risk.

(click to enlarge)

My Current Forecast is not as bright as you may think! (I will be more specific upon your email request).

If you own or are considering owning footwear companies, the securities are becoming a mixed bag. Nike is currently relatively strong technically, but I have reservations about my fundamental valuation; however, it is on my Initial Bearish Forecast - "Warning."

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