Jim Cramer Discusses These 10 Stocks & Says “Traders Are Dumb As Wood”

5. NIKE, Inc. (NYSE:NKE)

Number of Hedge Fund Holders In Q4 2024: 73

NIKE, Inc. (NYSE:NKE) is an apparel retailer that has struggled recently. The firm’s shares are down by 28% over the past year as it struggles with dropping demand for its iconic shoes. Cramer hasn’t held his thoughts back about NIKE, Inc. (NYSE:NKE)  during his previous remarks. He believes that the firm’s former CEO belongs on a Wall of Shame. NIKE, Inc. (NYSE:NKE)’s stock dipped by 5% in aftermarket trading after the firm’s latest financials came with the takeaway that future results could be harmed by tariffs. Here are Cramer’s comments ahead of the release:

“Well I care about Nike. I think that this is gonna be Elliot’s [inaudible]. Everyone’s telling me, Jim, look, this is Elliot Hill’s first quarter as the CEO.