Under Armour Trading Opportunity Amid Rebound

13 days ago

"Uh looking at Under Armour. We saw shares that climbed as much as 10% today. This is the most in nearly seven months, but I mean this is also a stock that's been quite battered. Lost 40% of its value last year. Uh we did see what four back-to-back years of declines for this company, but today we're seeing it in the green. And this is because UBS analysts said that they see improving EPS and sales growth boosting the stock's valuation. So it seems as though some traders out in the market are taking this and clearly buying in on it."

The speaker highlights Under Armour's significant intraday rebound with a 10% climb, noting its troubled past with a 40% decline last year and four consecutive years of losses. UBS analysts are credited with the optimism, citing improving EPS and sales growth. This creates a contrast between its past performance and its current positive momentum.

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