Go Long On Lululemon, Stock Is Above Under Armour


  This article was written by Julia Masch, a Financial Analyst at I Know First.


Known for starting the athleisure trend and making yoga pants popular everyday attire, Lululemon Athletica (LULU) has had a great year. After only hitting $90 for the first time in April, the stock skyrocketed to above $120 following the release of its phenomenal Q1 earnings report.


Whereas Lululemon has only recently become a force to be reckoned with, Under Armour (UAA) has been a mainstream competitor in the athletics apparel market for years. However, the company is not as strong as it once was. So which athletics retail stocks are worth buying?

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Under Armour Stock Analysis: Great Long-Term Investment (UA)

Summary

  • Under Armour has experienced massive growth over theunder armour stock analysis last five years, achieving over 20% revenue growth for 20 straight quarters.
  • The stock price has plateaued since the most recent earnings report, and investors should take the chance to initiate a long-term position in the stock.
  • The next earnings report will act as a catalyst for this stock, as the company’s revenue growth, profitability, and guidance will improve.
  • I Know First algorithm is bullish on Under Armour in the long-term.
The I Know First algorithm is bullish on Under Armour for the 3-month and 1-year time horizons, with a bullish algorithmic forecast over that time.

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