Jim Cramer: The Stocks That Are Supposed to Be Hurt By China Keep Being Winners

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Jim Cramer has some thoughts on why the stocks that are supposed to be hurt by the U.S.-China trade war just keep coming back.

When asked what was top of mind for Cramer, he responded "Nike (NKE) - Get Report."

"...It's Nike and the reason I say that is because there's a tremendous piece out by Goldman. Nike, obviously the stock of the day. What matters to me here is that I keep coming back to the stocks that are supposed to be hurt by China keep being winners," he said. 

"Nike obviously coming back, that's a big China play. Starbucks (SBUX) - Get Report, I think we bought for Action Alerts PLUS at $83, that's coming back," he continued.


"When you read the Nike piece, what do they say is the reason why it's going to do well? China. Do they know about a trade deal? No, that's what I'm talking about. That's the kind of thing that raises my blood pressure because what it says is everybody thinks that the only thing that matters is a trade war," said Cramer. 

Watch the full video for more.