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Cramer Says Buy Nike

Debra Borchardt:


Jim Cramer:

You know, look, I think it's...the problem with that is if the market goes down. Nike will go down eventually.

Debra Borchardt:

Because it will follow the market.

Jim Cramer:

Right, it will follow the market and do a little bit better than the market and then when the market goes down, it will do a little better than the market too.

Debra Borchardt:

So it sounds like you're saying you can buy the stock and sleep at night.

Jim Cramer:

Yes. I think that this is the turnaround quarter that we've all been waiting for.

Debra Borchardt:

All right, dare I say it. Jim's saying you can...

Jim Cramer:

It's the turnaround quarter. I wish my charitable trust had owned it.

Debra Borchardt:

You can run with Nike, right Jim?

Jim Cramer:

Yes. Exactly right.

--Written by Debra Borchardt in New York.

>To contact the writer of this article, click here: Debra Borchardt.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
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HD $113.70 0.00%
MCD $98.74 0.00%
NKE $100.95 0.00%
AAPL $130.28 0.00%
FB $81.53 0.00%


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S&P 500 2,117.69 +4.76 0.23%
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