We recently published 12 Stocks Jim Cramer Recently Talked About In His “Idea-Driven” Market. NIKE, Inc. (NYSE:NKE) is one of the stocks Jim Cramer recently discussed.
NIKE, Inc. (NYSE:NKE) is a well-known American athletic apparel company. Its shares are up by a modest 3.7% year-to-date, primarily on the back of a massive 22% jump since late June. NIKE, Inc. (NYSE:NKE)’s stock has struggled in 2025 due to the potential impact of tariffs on its business due to the firm’s global supply chain. However, the shares gained in June after NIKE, Inc. (NYSE:NKE)’s fiscal fourth quarter EPS and revenue of $0.14 and $11.10 billion beat analyst estimates of $0.13 and $10.72 billion. Investors were also bullish after CEO Elliot Hill commented during the earnings call that NIKE, Inc. (NYSE:NKE)’s worst days were behind it and the firm would continue to improve future performance. However, Cramer asserted that the strong share price performance was partly also due to an idea-driven market:
“Let’s take the case of, say, Nike. Okay. So Nike reports a good number. Now the stock will typically be up three. Now it’s up 15. Okay because people are saying ooh I want to be in Nike. Now what I’m saying is I can ignore that and focus 100% on the ten basis points that will no doubt move within the next 24 hours. People don’t even know what a basis point is anymore. Do you think a millennial knows what a basis point is? A basis point. Yeah.”
A team of trainers and athletes displaying a wide range of athletic and casual footwear.
Earlier, the CNBC host shared he was conflicted about NIKE, Inc. (NYSE:NKE):
“I’m conflicted on Nike. On the positive side, the new CEO has a clear strategic plan to turn things around by focusing on running, basketball, football, training, and sportswear…
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