This is a bold statement for me to make but I'm going to make it anyway; valuation for Under Armour does not matter. There, I said it! That feels better . . .
For reasons best explained in my newest article, investors seeking long-term growth have few options better than Under Armour. However, the company's stock has been drawing fire from investors and analysts alike because of its high price/earnings ratios.
It is my opinion that investors with a long-term focus should largely forget about these valuation concerns and invest in Under Armour anyway. Click here to find out why! Enjoy!