(Bloomberg) -- Ahead of Nike Inc. reporting earnings next week, one Wall Street analyst has a message for investors: “Sell the stock.”Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls OffHedge Fund Talent Schools Are Looking for the Perfect TraderWilliams Trading analyst Sam Poser cut
Nike (NKE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Strong demand for memory chips used for GPU-enabled AI servers, along with an improving supply-demand environment and higher prices for DRAM and NAND, is likely to have aided Micron's (MU) Q3 performance.