Your probably wondering why I am recommending the purchase of a stock Under Armour Inc. Cl A (Symbol UA, $94.00) that has a forward trading PE of 42? Well how about because it has a Consensus Estimate of GAP earnings of a rise of 63.54%! (.60 cents over .37 cents per share). This dude has got game! 2012 earnings per share are projected at $2.33 and then rises in 2013 to a projection of $2.99 earnings per share.The financials on this stock are very strong. UA's Current ratio is 7 - 2 , Assets to Liabilities to speak in horse racing odds, and I thing this one will be a pace setting runner. 5 year sales growth for the company has been 28.36%. It has projected long term Earnings growth of 27.53 %.
They also have a very healthy Return on Equity of 17.37%. I would consider this a very aggressive growth investment to fill that part of your portfolio for high growth. (my broker Vince likes this one too for this purpose. I told him I wanted to be in the game!). It will of course have a high beta to go along with that, with the price moving around rapidly. 
4.68% of the company's stock is owned by the Berkshire:Focus Fund. They are currently up 28.45% on their investment. The one year total return on the stock is 28.36% and the 3 year total return is 420.2%.
"Slick stuff for Slick Willy". Maybe I could even golf decently if I donned the Under Armour wear. Probably not! Wishing you a Happy April Fool's day and also Palm Sunday if your are a Christian in around an hour and 10 minutes if you are in the USA eastern time zone.
Freewilly signing off
No comments:
Post a Comment