This is a game played by Wall Street professionals.
This is just noise for long term holders of this stock.
I travel quite a bit, and have noticed people of all ages wearing Under Armour gear.
Men, women, kids, and adults all wearing UA gear. I see golfers, football and basketball fans wearing UA gear.
The downgrade is unwarranted IMHO!
UA is adding market share and not losing it….
He will sell more shoes for UA than Michael Jordan did for Nike. That is quite a statement as MJ and Tiger drove Nike to great heights in the 1990's and 2000's. But, now it is Under Armour's turn.
The reason Steph will outsell Mike is that the NBA is now a more global sport. There are way more people following basketball than 20 years ago. I have seen many youth basketball games, and the kids now are emulating Steph Curry. They shoot three point shots, pound their chest, and chew on their mouthguard. Also, they wear Steph Curry shoes.
Also, Steph Curry is a far better role model for kids than MJJ ever was. The mothers of the world will not be resistant to buy their children Steph Curry shoes because of any peccadilloes. Enjoy the ride UA longs...
BMY rallied this morning only to see the gains wither away as folks are taking profits whenever they get the chance. Holding long term, and collecting dividends is still the best way to accumulate wealth.
Does anyone post about BMY the stock? Or, are you all too busy spreading political opinions?
BMY forward growth expectations, and pipeline are impressive. They continue to spend in R&D and develop new drugs. Some see their PE as risky. I see it as an opportunity….
Of course that is the way the game is played. Do not listen to their words. Watch their actions.
A downgrade/upgrade is issued to move an equity one way or the other. There is always an agenda when it comes to money. There is nothing honest about Wall Street. Learn to play the game or don't play at all.
I work with kids, and can tell you that Steph Curry is killing it with the younger generation. Nike is out, and Under Armour is in… This is a long term trend. Ride the wave….
The EPS report was solid as revenue topped estimates, and the company reaffirmed $2.50 EPS for this year. The consumer market is strong, and providing solid margins. The industrial space is a bit more challenging, and will remain flat for the year. Mr. Sullivan said he did expect the industrial side to pick up in 2017.
Europe and the Middle East has been challenging for many reasons. The biggest issue is the currency fluctuations.
RPM is innovating in their paint space, and will benefit from R&D in the paint niche market space, and the innovation R&D provides for the future.
Overall, RPM is plugging along, and is benefitting from outstanding leadership. This is a long term hold in a retirement portfolio. The stock has crushed the S&P 500 for the past 15 years.
I would think with the recent surge in water stocks there will be a pull back in the future. This is a utility company that is running like a growth stock. I am not complaining about the stock appreciation. It just seems logical the stock will pull back at some point, and give us a chance to add or initiative a position.
Of course Jordan outsells Curry at this moment as they have way more distribution threads. But, as Under Armour, and their Curry line grow so will their shoe sales.
As Wayne Gretzky said "I skate to where the #$%$ is going, not where it has been."
Republicans do not have a monopoly on lying. All politicians do it...
GOP is just a little better at it... Still searching for those WMDs?
Maybe, they don't want to work? Maybe, they like the attention?
After all, Bernie Sanders never paid attention to them while they were working...
I agree with the OP...get to work, and be grateful you have a job...
Coming July 1 from Under Armour: the Curry 2.5, the shoe Curry wore when the Warriors got their 73rd win. Then in the fall, the Curry 3. Yeah, Steph Curry is moving product.
Beat and raise quarter. BMY hitting all time highs with zero overhead resistance.
A clear path to $75?
Jordan was not the only guy enduring shoes in the 1990's Allen Iverson had a huge deal with Reebock. Bo Jackson, John McEnroe, Wayne Gretzky, and many others had endorsement deals. I remember as a kid having Joe Lapchik sneakers from Converse. This is not a new concept.
The NBA has expanded greatly since the Jordan era. China is getting into the NBA in a big way. I hear there are a few Chinese folks over there. Maybe, they buy shoes too? Europe is another hotspot for the NBA. Steph Curry is the most popular player on the planet. He will sell a ton of stuff for UA. Make no mistake about it...
Computer algorithm trading taking minuscule profits in fast trade. I cannot keep up!
Owning blue chip stocks for the long term is best for my age/style.
That is the question many are asking. AWR like all companies must budget for CapEX spending for infrastructure improvements, and they are doing. AWR has been budgeting to replace old pipes one pipe at a time. You can learn about their progress from their website as they have provided many presentations on how they plan to improve their water supply and grow contracts.
I believe the greater threat to their business was the drought in California. The firm boasts of significant water usage reduction during the drought. The region received far above average rainfall this year, and the drought conditions are improving.
As with any company there are risks involved. The business model for AWR is very stable and reliable one. The barriers to entry into their business are enormous. I like their position.