Under Armour Stock Could Climb 50% From Here

[vc_row css=”.vc_custom_1655497862601{padding-top: 40px !important;padding-right: 60px !important;padding-left: 60px !important;}”][vc_column][vc_column_text]

Investors are so accustomed to problems at Under Armour that most haven’t noticed the changes now under way.

In sports, there’s nothing like a good underdog story. The same might be true of investing. Under Armour checks both boxes.

For years, investors had good reason to avoid the athletic-apparel and footwear maker. From questionable leadership decisions to accounting woes and disappointing acquisitions, Under Armour (ticker: UAA) lurched from one problem to the next, while higher sales failed to do much for the bottom line. The stock, at a recent $15.47, has gone virtually nowhere in the past four years.


Continue Reading