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Jim Cramer Advises His Viewers On J C Penney And Nike

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Jim Cramer said on CNBC's Mad Money that J C Penney Company Inc (NYSE: JCP) isn't a buy. He explained that the company is better managed now, but there are many outstanding shares and he believes that Americans are not going to the mall as much as they use to go.

Cramer believes Nike Inc (NYSE: NKE) is a buy. He wants to takea  5- to 10-year approach and he sees the company as the great American manufacturer.

Posted-In: CNBC Mad Money Jim CramerMedia

 

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