Under Armour in need of a Shield?

Apparel-maker Under Armour (UA), a fast-rising entry in the world of athletic gear may be seeing its stock top out.  UA’s gear is pretty undeniably awesome, and I think their marketing approach has been equally excellent – but the company is richly valued, and the stock is close to breaking down from a 4-year old rising (bearish) wedge.

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  1. June 27, 2012 at 3:28 pm

    Some of us don’t look too good in those ultra-tight fitting shirts and shorts… :/

  2. June 28, 2012 at 10:11 am

    Ha. I don’t look exactly like Vernon Davis either. But I’ve got a lot of younger brothers and they all love UA gear. And I think it’s pretty sweet – if a little pricey. But folks sometimes forget that – especially once the train has the left station and valuations get elevated – the company and the stock are not the same! Cisco didn’t stop being a good company from 2000-2002… but the stock sure stopped being a good stock!

    My CMG short finally started paying off in a bigger way yesterday… same story. Good little place, well-managed,etc… it’s just time for the stock to cool down, and the momo crowd that’s driven it up will chase it back down, imho.

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