NIKE, Inc. (NYSE:NKE) has seen its shares drop by 8% over the past year, but has increased by 15% since mid-December. Analysts have downgraded the stock due to uncertainty in China’s recovery timeline. Despite this, Jim Cramer believes in CEO Elliott Hill’s ability to lead a turnaround, mentioning support from Apple CEO Tim Cook.

Jim Cramer states that NIKE, Inc. (NYSE:NKE) is “ahead of schedule” in its turnaround efforts, despite recent downgrades by analysts. Cramer highlights CEO Elliott Hill’s potential impact on the company’s performance in the US and China. He emphasizes the importance of monitoring Hill’s actions and mentions Tim Cook’s investment in the stock.

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