Below Armour, Inc. (UAI) debuted on November 18, 2005 at $31. The maker of branded general performance apparel is expanding its brand name recognition by means of the use of hip model advertising that is attempting to wrestle absent interest from the normal consumers of Nike (NKE).
Below Armour has specific the youth and athletic market place where by it competing Along with the proven and powerful Nike model. Below Armour includes a projected 5-12 months yearly earnings development of twenty-two.50% vs . 14% for Nike. But on the valuation aspect, Under Armour is discounting in sizeable premium growth around that of Nike. Below Armour is trading at forty six.19x its FY07 as well as a PEG of 2.seventy five compared to 14.27x as well as a PEG of one.06 정보이용료 for Nike. Evidently, Beneath Armour will need to execute to its lofty expectations heading ahead; normally, the stock will market off. Nike is often a superior benefit Participate in.
Vonage Holdings Corp. (NYSE/VG) debuted on Wednesday at $17, the mid-place of its estimated IPO pricing range of $16-$18. The supplier of Voice about World wide web Protocol (VoIP) is an early entrant to the swiftly rising area of VoIP and presently has about 1.six million subscribers but the organization has yet to turn a income. VoIP works by using a broadband relationship to generate phone phone calls.
Superior promoting expenses to obtain consumers have hindered margins. Vonage is the current leader because of its early entry into the VoIP business enterprise but I see the business going through a challenging uphill climb as intense competition surfaces from significant cable businesses as well as Skype services from eBay (EBAY).
The fact is Vonage has to spend incredible income on getting buyers whereas for cable corporations and eBay, You can find already a substantial buyer base to marketplace to. Vonage will quickly understand this.
Hedge fund supervisor and also the host with the hugely preferred Mad Money show on CNBC claimed Vonage is really a bit of junk, which I have to concur with. And with Vonage now investing down at $13, the marketplace can also perspective Vonage as more than hype rather than enough compound.