Is Under Armour a Buy?
Under Armour (NYSE: UAA) (NYSE: UA) has struggled mightily in recent years. Both shifting consumer tastes and bankruptcies among retailers that sold its products have taken a toll on the once hard-charging athletic apparel company, and its sales growth has slowed.
In turn, Under Armour's previously high-flying stock has shed nearly half its value over the past half a decade. That's a brutal performance, particularly when compared to the approximately 60% gain the overall market has returned over that period, as represented by the S&P 500.
But is Under Amour poised for a rebound? Or does more trouble lie ahead?
Source Fool.com
