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UAA - Dick's Sporting Goods: A Potential 2.5x Return In Two Years
Under Armour Inc. Class A
Dick's Sporting Goods (NYSE:DKS) has been hit hard along with the negative market sentiment. Even after the company reported positive operating results for the full year 2019, its share continued to tank further, losing 65% of the market value year-to-date. With the target of $50 per share, we can take advantage of this overreaction in the stock market to buy in Dick's at the cheap price.
Highest Same Store Sales Growth in 5 years
In the retail business, the most important number is the same store sales growth, measuring the sales growth at