NKE
12 posts
Momentum-stock favorites in the retail sector could roll over as we start Q3 2012, says Covestor manager Mike Arold.
Nike's (NKE) Q4 earnings on Thursday afternoon were poor on many fronts, notes Scott Rubin at Benzinga. It may be pointing to trouble in the retail sector.
We own businesses that generate excess cash, and this abundance of cash allows our companies to invest.
Earnings growth for our portfolio companies remains overshadowed by volatility and the manic-depressive behavior of the markets. Our portfolio holds considerable appreciation potential based on prospects of our businesses and the substantial relative value versus bonds.