Did Cramer recommend selling Nike?

Cramer did not explicitly recommend selling, but indicated the Charitable Trust sold the stock, which is a negative signal.

Why did Nike stock rise 5%?

The stock rose after reporting a beat quarter, but the company did not raise its guidance.

What is Cramer's long-term view on Nike?

Cramer did not state a long-term view; his comments focused on near-term performance.

Jim Cramer on Nike: 'We Lost a Ton of Money in This Stock'

Jim Cramer commented on Nike (NKE) during his Mad Money show, revealing that the Charitable Trust sold the stock and lost a significant amount. The remarks came after Nike rose 5% on a quarterly beat but without raising guidance.

July 4, 2026

2 min read

Source: Insider Monkey

Key Numbers

stock gain

quarter type

beat quarter

Jim Cramer, host of CNBC's Mad Money, commented on Nike, Inc. (NYSE: NKE) while advising investors on how to take advantage of Wednesday's market rotation. Cramer highlighted selling the stock for the Charitable Trust, saying: "Did the stock of Nike deserve to run 5% on a beat quarter, with no raise, no..." He added: "We lost a ton of money in this."

Rating Change

Cramer did not issue an explicit buy or sell rating, but indicated that the Charitable Trust sold the stock. His stance appears bearish in the near term, especially given the lack of guidance raise despite the strong quarter.

Analyst's Rationale

Cramer believes the 5% surge may be overdone given the absence of an upward revision in guidance. The Charitable Trust's losses also suggest that expectations were not met.

Context

Cramer's comments come amid a market rotation from growth to value stocks. Nike has faced volatility due to inflationary pressures and shifting consumer behavior. Other analysts have mixed views, with some citing the brand's strength and attractive valuation.

Bottom Line

Cramer's remarks reflect a cautious near-term outlook for Nike, but do not constitute an investment recommendation. Investors should conduct their own research before making decisions.

Frequently Asked Questions

Cramer said his Charitable Trust lost a ton of money in Nike and sold the stock, questioning whether the 5% gain on a beat quarter without guidance raise was justified.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.