Jim Cramer on NIKE: “I Think We’ll See $70 for That Stock”

Jim Cramer reviewed NIKE, Inc. (NYSE:NKE) while breaking down 16 stocks for a market facing higher energy costs and economic uncertainty. A caller asked if the stock is a buy right now, and Cramer replied: Okay, so, this is, whoa, this is one that, so far, I’ve done some, a couple of them lately that have been unbelievable, and a couple of them lately that have not been that good. It’s okay to admit that because I’ve never heard anyone else on TV ever say it, and Nike is one of them. I am growing impatien ...