“It’s Time To Buy” NIKE, Inc. (NKE), Says Jim Cramer

Group 1 - Jim Cramer has shifted his stance on NIKE, Inc. (NYSE:NKE), stating that it is now time to buy the stock after previously being cautious about it [1][2] - NIKE's shares are down 0.9% year-to-date, indicating a potential buying opportunity as Cramer believes the stock has reached a bottom [1][2] - Cramer highlights the importance of inventory levels for NIKE, suggesting that they are now low enough to warrant a positive outlook [2] Group 2 - The Foot Locker deal is viewed positively by Cramer, indicating potential for growth and collaboration with DICK'S [2] - Cowen, a financial services firm, agrees with Cramer's bullish outlook on NIKE, reinforcing the sentiment in the market [2] - Despite the positive outlook on NIKE, there is a belief that some AI stocks may offer greater potential for higher returns with limited downside risk [2]