Jim Cramer recently discussed NIKE, Inc. (NYSE:NKE), stating it’s time to buy despite a 0.9% year-to-date drop. Cramer believes NIKE has hit its bottom, with potential for growth due to deals with Foot Locker and DICK’S. AI stocks may offer better returns, check out a report on the best short-term AI stock.

For more investment opportunities, explore 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. This article was originally published by Insider Monkey.

Read more at Yahoo Finance: “It’s Time To Buy” NIKE, Inc. (NKE), Says Jim Cramer