Jim Cramer: I'm Not A Fan Of Under Armour, I Like Nike
Under Armour has spent a lot of money getting endorsements.
In anticipation of Under Armour (UA) - Get Report earnings and job cuts Jim Cramer noted that he's more of a fan of Nike (NKE) - Get Report . He thinks Nike is back along with PVH (PVH) - Get Report and Columbia Sportswear (COLM) - Get Report and VF Corporation (VFC) - Get Report . He noted the stocks are flying because the suppliers are doing quite well. Meanwhile Under Armour has spent a lot of money getting endorsements - they didn't understand that Adidas was going to come back into play as hard as they did.
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