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Tim Cook buys another $1 million worth of Nike shares — a much-needed vote of confidence
The market and Jim Cramer applauded the move.
14 words~1 min read
The market and Jim Cramer applauded the move.
Get this delivered to your inbox, and more info about our products and services.

Nike is a growing Street favorite as more analysts join Jim Cramer in signalling confidence in CEO Elliott Hill.

The retailer's insiders picked up shares near the end of a rough year.

"I don't want to sell Apple," Jim Cramer said Wednesday.

Cramer isn't alone in his optimism: several Wall Street firms issued positive notes after the succession announcement.

This comes as Apple deals with a series of headwinds that's weighed on the iPhone maker's shares.

To keep investors in its corner, Nike has to keep showing progress.