Under Armour, Inc. (UA)
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- Simply Wall St.
Under Armour, Inc. (NYSE:UAA) is favoured by institutional owners who hold 61% of the company
Key Insights Given the large stake in the stock by institutions, Under Armour's stock price might be vulnerable to...
- Insider Monkey
Here’s Why Jim Cramer is Bearish on Under Armour Inc (NYSE:UAA)
Insider Monkey recently published a list of 7 Stocks Jim Cramer is Bearish On. Under Armour Inc Class A (NYSE:UAA) ranks second in that list. Since Under Armour is a popular name among both hedge funds and retail investors, it deserver a detailed look. Jim Cramer in a latest program yet again lamented over the market’s […]
- Yahoo Finance Video
These athleisure brands are still looking fresh to investors
As major retailers continue to report earnings this week, investors should be thinking more about the brands filling store shelves. EquitySet CEO Tony Zipparro makes the case for including the top athleisure and apparel brands in your portfolio. "A lot of what we're seeing with names like Nike (NKE), Under Armour (UA, UAA), Lululemon (LULU) is it's really already priced in, right? So if they don't do well, you've seen them fall 20, 30%, whereas yes, there is a chance that they're losing market share. But a lot of that market share is growing... There's reports out that right now around $330 billion in athleisure consumer spending. That is supposed to be at a 9.3% compound annual growth rate until 2030, which puts the market nearly double," Zipparro says, believing these brands are "fine" on their valuations. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.
