Thursday, November 21, 2013

Jim Cramer Was Right: Under Armour Is A Tech Company After All

When I first heard Jim Cramer, host of CNBC's Mad Money, refer to athletic apparel maker Under Armour (UA) as a technology company, I did a double take. After all, the company isn't going to start making smartphones and tablets any time soon.

However, in hindsight it seems Cramer was more right than even he knew himself! Under Armour's recent acquisition of MapMyFtitness, the open fitness-tracking platform, is proof that the sports company has its sights set on bigger things. Click here to find out about the company's next big move!


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