Jim Cramer is making a bold contrarian call on two major stocks battered by tariff concerns and management missteps. The CNBC host believes Starbucks and Nike represent compelling buying opportunities despite their current challenges, arguing that both fundamentally sound businesses have been knocked down for macro reasons that don’t touch their core operations. With both companies offering 2-3% dividends while investors wait for multi-year turnarounds to play out, Cramer sees the current weakness as a prime entry point for patient investors.
about Cramer's 2 Tariff-Hit Stock Picks: Buy Opportunity
NKE
Nike’s Turnaround Strategy: One Year Under CEO Elliott Hill
One year into CEO Elliott Hill’s tenure, Nike has successfully reversed its prolonged sales decline through a coordinated strategic offensive. The sportswear giant’s leadership team—including President Amy Montagne, Chief Innovation Officer Phil McCartney, and Chief Science Officer Matt Nurse—recently provided exclusive insights into their revitalization approach during an interview at Nike’s Oregon headquarters, revealing how Hill’s fresh perspective has repositioned the company for renewed growth.
about Nike's Turnaround Strategy: One Year Under CEO Elliott HillMarket Rises Despite Shutdown; Berkshire Buys OxyChem for $9.7B
Financial markets demonstrated surprising resilience on the second day of the 2025 government shutdown, with the S&P 500 continuing its upward trajectory despite Treasury Secretary Scott Bessent’s warnings about potential economic damage. The market’s optimistic stance contrasted with official concerns as Berkshire Hathaway made a major $9.7 billion bet on the energy sector, acquiring Occidental Petroleum’s OxyChem division in a significant corporate move that overshadowed shutdown anxieties.
about Market Rises Despite Shutdown; Berkshire Buys OxyChem for $9.7BUS Government Shutdown Sparks Market Turmoil, Gold Soars
The United States has entered its first government shutdown in nearly seven years, marking the third such closure under President Trump as political gridlock between Democrats and Republicans deepens. This political crisis coincides with troubling economic signals, including a surprising 32,000-job drop in private payrolls reported by ADP, sending investors scrambling for safety in gold as markets stumble into the fourth quarter with mounting uncertainty.
about US Government Shutdown Sparks Market Turmoil, Gold SoarsGovernment Shutdown Hits Markets as Nike Soars on Earnings
The U.S. government entered a shutdown after lawmakers failed to reach a funding agreement by the September 30 deadline, creating immediate market turbulence and threatening economic stability. While political dysfunction sent the Vanguard S&P 500 ETF (VOO) down 0.4% premarket, Nike shares surged more than 4% following better-than-expected quarterly earnings, creating a stark contrast between corporate resilience and governmental breakdown. The conflicting signals created a volatile trading environment as investors weighed strong company performance against broader economic uncertainty.
about Government Shutdown Hits Markets as Nike Soars on EarningsNike Beats Sales Forecasts as Turnaround Gains Traction
Nike’s latest quarterly results surpassed Wall Street expectations, signaling that the sportswear giant’s turnaround strategy is beginning to bear fruit. Strong performance in North America and wholesale operations drove better-than-anticipated revenue despite a slight overall sales decline. The results validate CEO Elliott Hill’s restructuring efforts aimed at revitalizing the world’s largest sportswear company.
about Nike Beats Sales Forecasts as Turnaround Gains TractionInsider Stock Buys: Tesla, Lyft, Ryan, Summit, Dollar Tree
Corporate insiders are making significant stock purchases across multiple companies, signaling confidence in their own firms. From Elon Musk’s nearly $1 billion Tesla buy to biotech executives loading up on Summit Therapeutics shares, these moves warrant investor attention. However, experts caution that insider buying should complement, not replace, thorough fundamental analysis.
about Insider Stock Buys: Tesla, Lyft, Ryan, Summit, Dollar TreeS&P 500 Declines as Nvidia and Tech Stocks Slide Ahead of Earnings
The S&P 500 fell 0.5% on Monday, driven by a 3% drop in Nvidia ahead of its earnings report, while Apple gained slightly after announcing a $500 billion investment in the U.S. Markets are also focused on a budget framework from House Republicans and upcoming economic data, including inflation and GDP figures. Alibaba’s stock plummeted 10% following a $52.4 billion investment in AI and cloud infrastructure, while Berkshire Hathaway rose 4% despite record profits. Nike’s shares climbed 5% after an analyst upgrade.
about S&P 500 Declines as Nvidia and Tech Stocks Slide Ahead of EarningsStock Market Update Nike Rises Dow Gains Amid Mixed Performance
Stocks closed mixed, with the Dow Jones gaining 0.08% thanks to a 4.9% rise in Nike after an upgrade to Buy by Jefferies. The Nasdaq fell 1.2% and the S&P 500 dropped 0.5%, pressured by declines in Meta Platforms and Microsoft. Nvidia saw a 3.1% drop ahead of its earnings report, with analysts expecting significant revenue growth.
about Stock Market Update Nike Rises Dow Gains Amid Mixed Performance