NIKE, Inc. (NYSE:NKE) shares surged 27.3% following a strong fiscal fourth quarter earnings report, beating analyst estimates. Jim Cramer previously expressed optimism about NIKE’s turnaround. However, a recent dip in athletic retailer On Holdings made Cramer question if NIKE truly is back on track. Cramer sees potential in NIKE but believes some AI stocks offer higher returns with limited risk.

Read more at Yahoo Finance: Jim Cramer Wonders Whether NIKE, Inc. (NKE) “Isn’t Really Back”