Under Armour, Inc. (NYSE: UA) is an American sports clothing and footwear company that recently became the second largest athletic retailer on the planet by sales. The company's stock price has increased roughly 45% in the last year, as the company has continued to post incredible revenue growth. The stock price has fallen around 7.75% since its most recent earnings reports on April 21st, however, as revenue growth did not quite meet expectations, and guidance was slightly lower than expected as well. The resulting sell-off in the stock price can be partially attributed to the company's high current P/E ratio of 87.02. However, the stock price should increase over the next year, as the next earnings report should act as a catalyst to the stock. The company's revenue growth will continue to impress, more than justifying Under Armour's current valuation. It will do so with its athletic endorsements, including Stephen Curry, and international sales. The company is also set up well for the future of the athletic apparel industry with its digital health and fitness community. Read more