Opinions

The Panic-Proof Portfolio (Stockchase Research) Under Armour UA-N PAST TOP PICK Sep 19, 2023

(A Top Pick May 09/23, Down 12.8%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with GSY has triggered its stop at $6.50. To remain disciplined, we recommend covering the position at this time.

The Panic-Proof Portfolio (Stockchase Research)

Unknown

Unlock Rating

$6.550

Stock price when the opinion was issued

Consumer Products

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

COMMENT

UA is getting dragged up by Lululemon's stellar quarterly results.

WATCH

They report Friday. There's lots of good buzz about a potential turnaround. Wait to hear some news Friday.

DON'T BUY

They report Friday. Lululemon has been crushing them. Avoid.

DON'T BUY

Their outlook was cut and downgraded today. This discretionary sector is coming under pressure. They have failed to re-establish the growth story where investors before paid a premium for shares 5-7 years ago. It's down 69% year to date. It's the ultimate trap.

COMMENT

Is warming up to it because of the new CEO. But this competes with Nike, a tough competitor.

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly

Analysts were disappointed with recent earnings falling below expectations and the market has given the stock a haircut, but we think the worst is over. High inventory showed demand was not as aggressive as thought. A new CEO is leveraging their online digital expertise to expand sales going forward. Cash reserves are stable, while they buy back shares. It trades at 18x earnings and 2x book value. We recommend a stop-loss at $6, looking to achieve $11 -- upside potential over 45%. Yield 0%

(Analysts’ price target is $26.20)

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick May 09/23, Down 2.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with UA is progressing well. To be disciplined, we recommend trailing up the stop (from $6.00) to $6.50 at this time.

DON'T BUY

Piper Sandler Teen Survey results

The top brand that rich male kids don't wear. This trend has even increased.

RISKY

A great spec. They need a couple of good quarters. Nike is coming back with a vengeance.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

The Panic-Proof Portfolio (Stockchase Research) Under Armour UA-N PAST TOP PICK Sep 19, 2023

You might be interested:

Under Armour(UA-N)

Under Armour(UA-N)

Under Armour(UA-N)

Under Armour(UA-N)

Under Armour(UA-N)

This is a Panic-proof Portfolio opinion which is available only for Premium members

Under Armour(UA-N)

This is a Panic-proof Portfolio opinion which is available only for Premium members

Under Armour(UA-N)

Under Armour(UA-N)

Under Armour(UA-N)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Brendan Caldwell

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase Insights

Jim Cramer - Mad Money