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Should Under Armour Be on the Wish List for Your Portfolio?
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FBN’s Charles Payne on why Under Armour is a stock investors should watch.
- Duration 2:13
- Date Dec 13, 2012
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FBN’s Charles Payne on why Under Armour is a stock investors should watch.
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It is time to make money we're Giles -- this out way out taking a look at -- end up Obama.
Charles you know this is company that's come on so quickly and so strongly in in sports equipment they really had -- you know but here's the thing and I normally don't start -- off with this sort of a caveat but don't buy yet.
That's got and I am looking at -- you know putting together some sort of a wish list like this it's right -- -- real key support point but to your point actually.
From 2001 to 2005 -- -- thirteen 100% revenues.
The last four years has grown at a 150% so obviously still growing you know pretty much gangbusters but not at the degree that it was once growing so it's starting to lose that sort of high growth.
The new year or yeah that you know they usually affords you a higher a higher.
Margin.
-- you just my anecdotally in my one little household my microcosm.
It was so hot I had to had to have everybody everybody had were under -- And then I'm telling you this -- -- on the Nike thing took over at the under has no enemies out of my house.
Under -- slowed down Wall Street and cooling on the company but the stock is down some thinking you know down here.
If we can hold you know and get a sort of anecdotal stuff looking at some of their cells may be through some of these -- like the locker whatever.
At the start to me looks oversold but I gotta tell you know -- like -- didn't -- so -- yeah they had nobody like that and the like I think my silly little microcosm it's hard to night.
We're not in every store it's gonna do that -- the penetration I asked him and and listen you know flattery is now.
In the way does -- apply but -- also what level if they can hold this 48 area and start to get back above fifty or some higher volume that's going to be a buy -- for me but I think that I think has wanted to sock -- people compiling a list of a lot of names and this is one that I think should be on -- because I don't think -- goose is -- necessarily.
And and I kind of like -- -- -- -- time I would say and I think go pick it up right now.
All right -- hedging your bets a little bit let's find childhood thing that I got -- -- every dish.
Yes it comes to me first before they expect that cuts.
That it works and I don't -- you know it's gonna live in my group has them of my life.
Yeah it.