Under Armour Inc. (UA): Today's Featured Consumer Goods Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Under Armour ( UA) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day up 0.6%. By the end of trading, Under Armour rose $7.55 (12.2%) to $69.38 on heavy volume. Throughout the day, 5,766,791 shares of Under Armour exchanged hands as compared to its average daily volume of 1,204,900 shares. The stock ranged in a price between $65.35-$69.55 after having opened the day at $65.38 as compared to the previous trading day's close of $61.83. Other companies within the Consumer Goods sector that increased today were: Brunswick Corporation ( BC), up 9.8%, Northern Technologies International ( NTIC), up 8.6%, John B. Sanfilippo & Son ( JBSS), up 8.1% and Patrick Industries ( PATK), up 7.0%.

Under Armour, Inc. engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, the Middle East, Africa, Asia, and Latin America. Under Armour has a market cap of $5.2 billion and is part of the consumer non-durables industry. Shares are up 27.6% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Under Armour a buy, 2 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Under Armour as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Crocs ( CROX), down 20.2%, Mannatech ( MTEX), down 8.2%, Monro Muffler Brake ( MNRO), down 7.0% and Elecsys Corporation ( ESYS), down 5.5% , were all laggards within the consumer goods sector with Owens-Illinois ( OI) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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