Breakout Stocks: How We Are Trading Under Armour
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.
In keeping with TSC's editorial policy, Bryan Ashenberg doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. He appreciates your feedback;
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