Does Under Armor have stock Initials, if not, any good stock to buy?
Answers:
Might not want to bet all your eggs on one basket -- especially one that is so expensive as it is right now. Basically, the expectations are that it will grow its profits at a much higher rate than other companies. This isn't the best way to explain it, but the company is trading nearly 3X as expensive as the overall market (looking at it from a net income perspective).
UA might be a great company, but you don't want to overpay for the stock. Let me try to explain using an analogy: the NFL has salary caps that limit how much a team can pay its athletes. If you pay too much for even the best star, you won't get great results. In stocks, it's the same idea, you want to get the best company for the best PRICE. And for stock recommendations, we all work hard to dig up stuff in order to find stocks of good value. Might I suggest the "Intelligent Investor" by Benjamin Graham. If you are interested in the stuff, you will love this book--it'll get you started in investing.
As a side note, if you don't have the money to invest in over ten stocks ($50,000 + at the minimum), I would suggest a mutual fund instead. They diversify for you and although they aren't guaranteed to earn a return, they are safer than betting the farm on just one company.
UA its in the nyse
Under Armor is a good stock, its ticker went from UARM to UA.
I would also agree with the above comment, since you have not given all the detail about your financial security or diversification I would not recommend betting on one horse!
UA is the ticker symbol for under armor. This stock has been recomended by Jim Cramer several times so it could be a winner as Jim is right much of the time.
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