Jim Cramer Is Staying Away From NIKE (NKE) Stock After Losing Money

During the September 30 episode of Mad Money, a caller asked about bottom-fishing opportunities with NIKE, Inc. (NYSE:NKE), and Jim Cramer replied: You know, I tried to bottom fish in Nike about I guess it was about 10 points ago for the Trust.. I lost money for the Trust, and it was very painful. I don't want to go back… Good guys, but you know, once burned, twice shy. How about that? You can also read how the company compares to another similar stock.Jim Cramer Says Microsoft’s (MSFT) AI Investment Is Finally Paying Off North American Growth And Improving Gross Margins NIKE, Inc. (NYSE:NKE) continues to face a difficult turnaround, although parts of the business are showing improvement.