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Butowsky: I Wouldn’t Buy Nike At All, Most Retail ‘Is Just Dying’

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Manage episode 491224267 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

“I would not be a buyer of [NKE] at all,” warn Ed Butowsky. He says it’ll take a billion-dollar hit from tariff impacts and it can’t easily move its manufacturing. He also isn’t enthusiastic about its innovation attempts. Giving up shelf space at retailers really hurt the company, he argues, and it has to overcome that self-inflicted wound. “Most retail I think is just dying,” he says, though he likes Mercado Libre (MELI).

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5613 episodes

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Manage episode 491224267 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

“I would not be a buyer of [NKE] at all,” warn Ed Butowsky. He says it’ll take a billion-dollar hit from tariff impacts and it can’t easily move its manufacturing. He also isn’t enthusiastic about its innovation attempts. Giving up shelf space at retailers really hurt the company, he argues, and it has to overcome that self-inflicted wound. “Most retail I think is just dying,” he says, though he likes Mercado Libre (MELI).

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

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