Nike (NKE) is the 'Stock of the Day' at Real Money Thursday. The stock of the athletic shoe and sneaker maker is up on the heels of a Goldman Sachs upgrade to 'Buy' and placement on their so-called Conviction List. I am not convinced until I check out the charts.
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Trading action is so good it is difficult not to be concerned it is frothy and ripe for a negative surprise.
When too many people point out something I wonder whether the trend is overdone.