Breakout Stocks: How We Are Trading Under Armour

February 27, 2014

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.