Jim Cramer on Nike: Wait a Day and Buy
Nike shares moved lower Tuesday after unveiling a new ad campaign with NFL player Colin Kaepernick.
Nike (NKE) - Get NIKE, Inc. Class B Reportshares moved lower Tuesday after unveiling a new ad campaign with NFL player Colin Kaepernick.
"This is one where you wait a day and you buy," said TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer. "Nike's very good."
Nike shares are up 27% since the start of the year.
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