On CNBC's Mad Money, Jim Cramer said he likes Nike Inc NKE in the long term, but right now he is recommending Foot Locker, Inc. FL as a buy. He added that Foot Locker can gain the most when there is a strong competition between Nike and its peers.
Cramer believes Visa Inc V is very undervalued. He owns it in his charitable trust fund and he would like to have a bigger position in Visa.
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