This type of retailer will likely endure thorough coronavirus slowdown, traders say [MSNBC.com]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
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Source: MSNBC.com
Don't sleep on athleisure.That was the gist of a sweeping note from BTIG analysts, who issued a series of new ratings on lifestyle stocks includingNikeUnder ArmourCalling the state of retail "survival of the fittest," BTIG initiated buy ratings on Nike,LululemonCanada GooseDeckers OutdoorLovesacYetiVF Corp.Steve MaddenCapri HoldingsTapestryColumbia wear;Stocks like these do have the potential to endure through the coronavirus-driven economic slowdown, Michael Bapis, managing director of Vios Advisors at Rockefeller Capital Management, told CNBC's""With millions working and learning from home, athleisure wear will only become more "acceptable" than it already was in everyday life, Bapis said."We're looking at companies that have powerful balance sheets," he said. "Cash is going to be king right now, and it depends on the ability to distribute online, the ability to get online orders filled and get them shipped.""[The] at-home fitness craze is taking over, so you have to wear something
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