CNBC's Jim Cramer made the remarks on "Squawk on the Street" on Wednesday.
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Nike is a growing Street favorite as more analysts join Jim Cramer in signalling confidence in CEO Elliott Hill.
"These guys had a resurrection," Cramer said of the stock on Monday.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
The big post-earnings drop in Nike shares is a big opportunity.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
The company's latest quarter offered positive signs that its turnaround strategy is working.
