The Week Ahead: Optimism for Nike Ahead of Earnings
General Mills, Conagra, Walgreens, and Monsanto are also expected to report earnings, and the Fed will be watching consumption data.
Jeremy Glaser: Welcome to The Week Ahead. The second quarter will wrap up with a smattering of earnings and data.
Morningstar's Nike analyst, R.J. Hottovy, is optimistic about the firm's future given its momentum outside of North America and the way they are adjusting to evolving consumer preferences. Despite the upbeat outlook, he still sees shares as fully valued heading into this week's quarterly update.
Jeremy Glaser does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.