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Under Armour (UAA) Looks Good: Stock Adds 6.3% in Session
Under Armour, Inc. (UAA - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $16.12–$17.02 in the past one-month time frame, witnessed a sharp increase yesterday.
The company’s Zacks Consensus Estimate for the current quarter has moved higher in last one month, suggesting that more solid trading could be ahead for Under ArmourSo 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 has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Under Armour, Inc. Price and Consensus
Under Armour, Inc. Price and Consensus | Under Armour, Inc. Quote
A better ranked stock in the Textile - Apparel industry is Duluth Holdings Inc. (DLTH - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is UAA going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>