Breakout Stocks: How We Are Trading Under Armour

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Breakout Stocks: How We Are Trading Under Armour

TheStreet.com Videos 1:20 mins

Breakout Stocks Portfolio Manager Bryan Ashenberg, CFA offers viewers a look at the Breakout Stocks portfolio playbook based on Ashenberg's recent trim in Under Armour. Though he despises selling a stock solely on a valuation basis, Ashenberg let some Under Armour go in the Breakout Stocks portfolio on Wednesday, keeping what he calls his "core position." Ashenberg believes that UA will become a dominant global sports apparel manufacturer and views the potential growth in international markets as the key growth catalyst for this investment.

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