3J·

Adidas

Hello,

Adidas has been downgraded two notches to underperform by Bank of America.

Get in now?

$ADS (+1,05 %)

8 Commentaires

HoldTheMike@HoldTheMike

Wait and see on the US stock market. There is still room for downward movement.

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Smudo@Smudeo

Think the traps now like Puma and Nike. Hands off 🤞🏻!

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Michey777@Michey777

@Smudeo How do you justify your very general assessment?

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stock_whiz_2766@stock_whiz_2766

@Smudeo I still have a small holding in my portfolio at € 167 buy in. Do you still think you shouldn't add and if so, why? The balance sheet seems to look stable.

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Smudo@Smudeo

@Michey777 @stock_whiz_2276 Well, Adidas, like Puma and Nike, has a similar portfolio. Production facilities and conditions like all other market manufacturers. So the same competition, costs, customs duties and luxury problems. Hype brand we now have other competitors.
No moat, no country advantage etc.
Just look at the variety of brands worldwide, China, Mexico, all cheaper to produce, would you buy Adidas clothing, more expensive but not better?
Turnover - profit - share price correlation so I say minus

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Michey777@Michey777

@Smudeo Yes, the fact that they are all three sporting goods manufacturers is what they have in common. Otherwise, they are quite different (especially the current situation of the companies).
Thank you for your comments.

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Smudo@Smudeo

@Michey777 then good luck on your way. As I said, the question was Invest.

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Michey777@Michey777

I'll try to get my first foot in the door at 150 :) lg

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