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Under Armour (UAA) Looks Good: Stock Gains 5.8% in Session
Under Armour, Inc. (UAA - Free Report) was a big mover last session, as the company saw its shares rise around 6% on the day. The move came as investors were persistently buying stocks that had underperformed in the current year. Also, this led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 14% in the past one-month time frame.
The company has seen one positive estimate revision in the past 30 days. But its Zacks Consensus Estimate remained unchanged over the same timeframe. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Under Armour currently carries a Zacks Rank #3 (Hold).
Under Armour, Inc. Price
Under Armour, Inc. Price | Under Armour, Inc. Quote
A better-ranked stock in the Textile-Apparel industry is Gildan Activewear Inc. (GIL - Free Report) holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is UAA going up? Or down? Predict to see what others think: Up or Down
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One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>