Nike is a growing Street favorite as more analysts join Jim Cramer in signalling confidence in CEO Elliott Hill.
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The big post-earnings drop in Nike shares is a big opportunity.
Nike CEO Elliott Hill is " working his butt off," Jim said on "Squawk on the Street."
Jim Cramer says Nike is still worth owning because CEO Elliott Hill's turnaround efforts have shown signs of progress.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
To keep investors in its corner, Nike has to keep showing progress.
CNBC's Jim Cramer made the remarks on "Squawk on the Street" on Wednesday.
