Cramer: Buy Nike's pullback because the company will over deliver

CNBC's Jim Cramer on Monday said investors should buy on the pullback in Nike coming off of its latest earnings report.

"Nike only pulled back on Friday because its stock had run up dramatically going into the quarter," the"Mad Money" host said."But the results were great. I'm telling you they were great. I'm betting the guidance was a classic example of UPOD , which means Nike is a buy tomorrow morning, right here." "While Nike's stock ran like a champion earlier this year, the rally happened on no real news," he said."The stock never should've been down so much in the fourth quarter, so it kept levitating and levitating and levitating, as analyst after analyst upgraded Nike ... just aggressively pushing the stock."

bc Nike made in China, that's why 🤣🤣🤣

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Cramer Remix: Forget the stocks caught in the trade war crossfireJim Cramer reveals why Nike is an ideal investment that can do well with or without a trade deal. What ? They are the stocks with the most risk , and the greatest return.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Brexit fears; Levi's IPO; Nike earningsToday’s top business headlines with ChristineRomans: - Federal Reserve signals no rate hikes in 2019 - US-China trade talks resume next week - Ford to build electric cars in Michigan - Oil hits $60 per barrel for first time since November ChristineRomans ChristineRomans These are YESTERDAY'S business headlines. (I love when CNN pretends it's a business network) Ms. Romans.....is your teleprompter broken? I guess you need a degree in Astrophysics to do this job. ChristineRomans And Malik Obama ....says Michelle is a Michael ...THATS WHY JOAN WAS KILLED
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »