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2 Athletic Apparel Stocks to Buy, 2 to Avoid

Published 08/05/2021, 10:50 AM
Updated 08/05/2021, 11:30 AM
© Reuters.  2 Athletic Apparel Stocks to Buy, 2 to Avoid

Athletic apparel stocks have outperformed as sales remained strong during the pandemic. However, these companies are maintaining momentum as recent earnings reports continue to be strong. Patrick Ryan breaks down why investors should buy Under Armour (NYSE:UA) (UAA) and Skechers U.S.A. (SKX) and avoid Lululemon Athletica (NASDAQ:LULU) and Nike (NYSE:NKE).Athletic apparel stocks have outperformed as sales remained strong during the pandemic. In fact, these clothes have gone from being for exercise to everyday wear as fashions have changed. &nbsp

While some expected some type of slowdown following the economy's reopening, recent results are showing this to not be the case. However, there are a number of candidates in the space but which are the stocks to buy and which ones should be avoided? &nbsp

Let’s delve into two athletic apparel stocks to buy in Under Armour (UAA) and Skechers U.S.A. (SKX). We will also take a look at two stocks in the athletic apparel industry to avoid in Lululemon Athletica (LULU) and Nike (NKE).

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