Sterne Agee's Poser Bullish on Nike

Sterne Agee's analyst Sam Poser just appeared on CNBC and presented a bullish case for Nike (NYSE: NKE).

Poser based his case on the company's move to incorporate technology into its products. Nike recently released its Fuelband--a wrist bracelet that tracks the activity of the wearer throughout the day. Poser also cited the upcoming olympic games as a catalyst to propel the stock higher.