NIKE (NKE) stock up 22% since June due to positive earnings outlook by CEO Elliot Hill

NIKE, Inc. (NKE) stock is up 22% since late June, despite struggles in 2025 due to potential tariff impacts. CEO Elliot Hill’s positive earnings call outlook boosted investor confidence. Jim Cramer credits the stock’s strong performance to an idea-driven market trend. Trainers and athletes showcase NIKE’s footwear range.

Cramer is conflicted on NIKE, Inc. (NKE), citing CEO’s strategic turnaround plan as a positive. He is optimistic about a potential comeback with seasoned leadership. However, he advises caution and slow investment due to uncertainty. Some suggest AI stocks offer higher returns with limited risk compared to NKE.

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Read more at Yahoo Finance: NIKE, Inc. (NKE) Is Up Because People Say “Ooh I Want To Be In Nike,” Says Jim Cramer