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Jim Cramer: Nike Hunting Under Armour

Nike is a "wounded tiger" hunting Under Armour, says Jim Cramer.
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Nike (NKE) - Get NIKE, Inc. Class B Report is a "wounded tiger" hunting Under Armour (UA) - Get Under Armour, Inc. Class C Report , says TheStreet's Jim Cramer. Shares of Under Armour were lower in Tuesday morning trading as investors worried about the sportswear retailer's growth prospects. The company expects to spend $450 million this year as it invests in its retail base and corporate infrastructure, CFO Chip Molloy said on today's earnings conference call. Under Armour estimates revenue growth in the low-20% range in 2017 and 2018.

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