4.3

"Meanwhile people have decided that the shopping season is back with an amazing move in Target (TGT) -- maybe people are happy that the Pershing plan is not happening! Also VF Corp. (VFC) and Nike (NKE), the two most beaten up in the group just on fire.
So much lack of safety." ("Saftey Last," 6-1-09)

Sell - Price 53.14 on May 12
by Sterne Agee & Leach

We're lowering our '09 and '10 E-EPS to $3.76 and $3.20, from $3.87 and $3.47 [driven by]...inventory build, foreign-exchange, end-market weakness, elimination of share-repurchases for next 2Qs and more severe margin pressure....We think it's likely that [sales, general and administrative spending] will come down substantially in the next 2Qs, but will resume growth in '10 second half as Nike positions itself for the Euro Cup and continues to combat Adidas and local brands in China. Target: 43. Market cap: $29.5 billion.

Strong brand solid earnings.

I’ve been watching Nike (NKE), reveals Tim Seymour. I think it has a little more room to run.

Cramer: The Ultimate Trading Group: Jim Cramer and Stephanie Link, Director of Research for Cramer's Action Alerts Plus Portfolio review the retail stocks. Real Money TV viewers get Cramer's videos first and commercial free!
Click here to watch the video.

Same thing with a stock like a Verizon (VZ) or AT&T (T). Same with PPG (PPG). Same with VF Corp. (VFC). Same with Nike (NKE). They are going to have good numbers with all of this retail activity. This is the break I want to use to buy a stock like that. Nothing wrong with them. Good yields. They will see a turn if things get better.

Cramer: Sexy Equity Offerings: Jim Cramer says current equity offerings point to stabilization in the markets and he reveals two of his favorite recovery stocks. Real Money TV viewers get Cramer's videos first and commercial free! Click here to watch the video.

China Watch: Nike -- Just Do It: With Nike just reporting earnings last week, Stephanie Link, director of research for Action Alerts Plus, reveals why she and Cramer started a position in the stock after the results, why she likes the stock for the long-term and how she advises investors to play it.
Click here to watch the video.

Woods has multi-year endorsement deal with Nike Golf.

Nike