29 Sep Nike and Under Armour both score on Wall Street
Just do it? Or protect this house? Nike or Under Armour? Investors can’t decide.
It’s like the end of “Trading Places” — when someone asks if they should have the lobster or cracked crab for lunch. The classic response: Can’t we have both?
Although Nike () and Under Armour ( ) are in a heated battle for sneaker market share and star endorsers, each athletic apparel maker is a big winner on Wall Street.
Nike’s stock is up 27% this year. That makes it the best performer in the Dow Jones Industrial Average by far. The next closest isUnitedHealth ( ), with just a 13% gain.