I want to continue adding to my position in Nike (NKE) . After you read this Alert, I'll pick up another 400 shares, which will bring my position to 2,400 total. That's still only about 3% of the portfolio, so I have plenty of room to build the position. It's trading just a little below my cost basis as I write this, $53.12, which is a good chance to do some building.
Regards,
Jim Cramer
DISCLOSURE: At the time of publication, Cramer was long Nike.
Send email to james.cramer@thestreet.com.