Jim Cramer Says He Loves Nike (NKE) CEO Elliott Hill

We recently published 16 Stocks Jim Cramer Mentioned In An Episode Where He Said OpenAI Could Beat All Big Tech Giants. Nike Inc (NYSE:NKE) is one of the stocks Jim Cramer recently discussed.

Cramer frequently discusses Nike Inc (NYSE:NKE) and the firm’s ongoing turnaround under CEO Elliott Hill. In his previous comments, he has pointed towards Hill’s passion for sports as a factor that could help the firm. Following Nike Inc (NYSE:NKE)’s fiscal first quarter earnings, the CNBC TV host called the earnings conference call one of the “most encouraging conference calls of the year.” This time, he maintained the optimism surrounding Hill:

“Oh I love it and I love Elliott Hill. I think he’s turning it around. I can’t wait to hear Sarah’s interview. My charitable trust has been buying the heck out of it. Why? Because this fellow, Elliott Hill, he’s about sports, he’s competitive. He’s monstrously competitive. I mean this guy, he does not want to lose and he will not lose because he’s got such a great brand and they can make a comeback. When you talk with him he says, you know who’s, New Balance. . I wanted to go with something that was more like ONON, he goes New Balance. Because he knows who the runners are. He backs the runners.”

While we acknowledge the potential of NKE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.