Reported 1 day ago
Jim Cramer points out that NIKE, Inc.'s shares have risen by 3.7% this year, with a significant 22% jump since late June, driven by robust earnings and optimistic investor sentiment. Despite challenges like potential tariffs, Cramer believes the brand's appeal is strong, as many consumers express a desire to invest in Nike. He acknowledges the company's new strategic direction under CEO Elliott Hill and remains cautiously optimistic about NIKE's future performance.
Source: YAHOO