We recently posted 16 Newest Stocks on Jim Cramer’s Radar. Under Armour, Inc. (NYSE:UA) is one of the stocks Jim Cramer is watching.
Under Armour, Inc. (NYSE:UA) is another sports apparel company going through a transformation. Although he is not as enthusiastic about the company’s turnaround as he is with Nike, Cramer believes Under Armour, Inc. (NYSE:UA) can deliver. In his final appearance, he commented, “Under Armour, three quarters from now, you’ll wish you were in it.” However, Cramer added that at the moment, stocks are not performing very well. In this appearance, Golden State Warriors guard Stephen Curry discusses Under Armour, Inc. (NYSE:UA) ended their 13-year partnership to leave Curry free to find another retail partnership for his Curry shoe brand:
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“If anything, with Steph Curry moving away from Under Armour, you could argue, hey, listen it’s better. Steph Curry was a very expensive sponsor. Under Armor didn’t have that kind of money, and that wasn’t a bad thing for Under Armour.”
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Read next: 30 stocks should double in 3 years and 11 Undercover AI Stocks You Can Buy Now.
Disclosure: None. This article was originally published on The monkey inside.
The post Steph Curry Leaving Under Armour (UA) is Good, Says Jim Cramer first appeared on Investorempires.com.
