Workers install a lamp with Nike logo outside the Wukesongong Arena in Beijing, August 28, 2019.
Tingshu Wang | Reuters
Investors should keep buying shares of Nike, Wall Street analysts said, ahead of the fourth of the companyquarter earnings relationship on Thursday after bell.
Actions of the company is up 3.5% from March 25, roughly in the period in including Nike and other brands faced a boycott following reports of forced labor in Chinese Xinjiang region. But the controversy can already be valued in the stock and investors will need to be patientanalysts say.
Other key investor factors should clock for surround supply chain problems, inflation and effects of the most recent stimulus.
Here’s what analysts expect from Nike earnings:
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