Cramer: Why You Should Be Wary of FedEx, But Feel Good About Nike

With several big earnings reports coming up, Jim Cramer expects the U.S. story for both FedEx and Nike to be strong, but advises to be wary of FedEx overseas.
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With several big earnings reports coming up in the week ahead, Jim Cramer says he expects the U.S. story for both FedEx and Nike to be strong, but advises to be wary of FedEx overseas. Cramer says FedEx will be amazing in the U.S. and it will benefit from weaker oil prices and its online presence, but Europe and Asia are concerns. When it comes to Nike, Cramer cites the company's fantastic momentum, new products and ability to overcome weakness in China as positives, but it's the U.S. where he believes people will be spending the extra money in their pockets on Nike products in particular. He reveals how to play the stock and also weighs in on Oracle, a stock he has been disappointed in, ahead of its earnings results.