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flag Jim Cramer advises cautious Nike investment due to potential growth under new CEO Elliott Hill.

flag Jim Cramer of CNBC advised investors to consider a small, cautious position in Nike despite its recent financial struggles and leadership changes. flag He believes new CEO Elliott Hill could enhance distributor relationships and lead a turnaround. flag While the investment is risky, Cramer suggests gradually building a position, as potential growth may outpace financial indicators. flag He also noted the competitive landscape and the need for improved product quality under new management.

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