NKE - Nike Inc.

Host owns the stock and considers it a turnaround bet offering margin of safety. Key bull points: new CEO Elliot Hill is fixing prior mistakes, North America grew 5% and wholesale jumped 14%, new running shoe pipeline looks alive, and a margin recovery from 8% toward 13% could sharply boost profits. Valuation is cheap for a quality company (12x 5-yr PE, 13x 5-yr FCF, ROIC ~17%), and he sees a long-term margin-of-safety opportunity while conceding China, Converse, and turnaround timing are real risks.

The host mentions Nike as a company he likes a lot and owns, using it as an example of a quality stock he remains comfortable with even after a sharp drawdown.

Considered a garbage company with no moat.

Also mentioned as a stock in the kids' investment accounts. The conversation is about financial education for her children, not a market call.

Brad is negative on apparel as an investment; Nike is off his radar after previous losses in Lululemon, citing low switching costs and fashion risk.

Serena discusses her lifelong affinity for Nike, her long-term partnership, and her role pushing for internal diversity. She is highly positive about the brand and relationship but does not issue a buy/sell call.

Listed as having 14% potential upside from current prices; above intrinsic value but below host's 15% margin-of-safety threshold.

Down 80% from peak, but iconic brand. Turnaround in progress (gross margin improved). Conservative assumptions yield 15% annualized return including dividend.

Long-term turnaround candidate if it forms a bottom, insider buying, but no sign of accumulation yet.

Was a great brand but competition increased, bad D2C strategy hurt volume, revenue now decreasing, net income and free cash flow a mess. Turnaround story not turning around. Valuation high because earnings dropped. Fundamentals deteriorating fast.