Jim Cramer has NIKE, Inc. (NYSE:NKE) on his radar, expressing optimism about the firm’s turnaround under CEO Elliott Hill. Despite recent challenges in China, analysts like Truist and BTIG maintain Buy ratings, with price targets of $70 and $100 respectively. Cramer believes NIKE needs a turn, comparing it to other successful companies like Starbucks and FedEx. While NKE shows promise, some AI stocks may offer better returns with less risk. For more investment opportunities, check out the best short-term AI stock, and consider exploring 30 stocks that could double in 3 years or 11 hidden AI stocks to buy now.
Read more at Yahoo Finance: Jim Cramer Shares How NIKE (NKE)’s Stock Could Go to a 100
