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Nike At All Time High

On Tuesday UBS increased its price target on Nike shares. Considering this stock is currently trading at an all time high what are they thinking?

Find out for yourself.

Check out our interview with the man who made the call, UBS analyst Michael Binetti.

Watch the video now!



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Trader disclosure: On September 21st, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour owns (AAPL); Adami owns (AGU), (BTU), (NUE), (GS), (C), (INTC), (MSFT); Adami’s wife works at Merck; Terranova Owns (APA), (AAPL), (ARUN), (BMO), (C), (DO), (EOG), (FCX), (FTO), (XBI), (GS), (HES), (IBM), (JOYG), (MA), (NBR), (NOV), (OXY), (ORCL), (PEP), (POT), (RSH), (GLD), (SLB), (SU), (SPLS), (RIG), (UPL), (VRTS)

For Patty Edwards
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For Joe Terranova
Terranova is chief market strategist of Virtus Investment Partners, LTD.
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For Brian Kelly
Accounts managed by Kanundrum Capital own (GLD)
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For Mark Mahaney
Citigroup Global Markets Inc. or an affiliate received compensation for products and services other than investment banking services from Amazon.com Inc in the past 12 Months.
Citigroup Global Markets Inc. currently has, or had within the past 12 months, the following as clients, and the services provided were non-investment-banking, securities related: Amazon.com Inc.
Citigroup Global Markets Inc. currently has, or had within the past 12 months, the following as clients, and the services provided were non-investment-banking, nonsecurities- related: Amazon.com Inc.
Citigroup is a market maker in the publicly traded equity securities of Amazon.com
Citigroup is a market maker in the publicly traded equity securities of Priceline.com

For Michael Binetti
Binetti’s team owns (NKE)

For Marc Chandler
***No Disclosures***

For David Riedel
***No Disclosures***

CNBC.com with wires.

Symbol
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NKE
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