NEW YORK (CNNMoney)http://underarmourshirt.com/That puts it in the ranks of the largest largest comp...

1. Under Armour scores invite to S&P 500
NEW YORK (CNNMoney)
http://underarmourshirt.com/
That puts it in the ranks of the largest largest companies on U.S. stock exchanges -- call it the
"varsity league" of stocks.

2. Under Armour (UA) stock has been on
the kind of winning streak that the
Yankees would envy. It has skyrocketed
850% over the past half-decade. It will
replace Beam (BEAM) in the S&P lineup
once the alcohol company's $13.6
billion buyout from Japan's Suntory
Holdings is completed next week.
Related: Under Armour's crew of star
athletes
But the Baltimore-based company didn't
get much of a victory lap. Under
Armour shares fell on Friday, which is
somewhat unusual since new additions
to the S&P 500 typically enjoy a bounce
as funds that track the broad
benchmark buy shares of the companies
in the index.
The problem is the athletic-gear maker is a member of the "momentum crowd", a group of stocks
that has quickly gone out of style on Wall Street as investors
http://www.spsu.edu/athletics/index.htm increasingly shift their money into stocks of more boring,
but stable companies.
Under Armour experienced Nike Polos that shift first hand on Thursday, when the company's shares
tumbled over 7% despite revealing a 73% leap in profits and indicting a lot of optimism about the
rest of the year.

3. http://www.nikedrifitshirt.com/
Still, the addition to the S&P 500 highlights the ability of Under Armour in recent years to challenge
industry leaders Adidas (ADDDF) and Nike (NKE), the latter of which was added to the even more
exclusive Dow Jones industrial average in 2013.
Under Armour sports strong profit margins and impressive growth overseas, where sales surged
92% in the first quarter from the year before. The company has also boosted sales by expanding into
new categories, including hunting and golf.
Earlier this year, Under Armour scored a 10-year
deal to become the official sports apparel outfitter
of Notre Dame's varsity teams. Terms were not
disclosed but the blockbuster deal is estimated to be
worth around $100 million.
So far Under Armour has been able to weather the
storm stemming from the Winter Olympics, where
the U.S. speed-skating team blamed the company's
high-tech suits for slowing them down in Sochi. The
speed-skating team even extended its exclusive
contract with Under Armour.
Shares of Under Armour fell over 1.5% on Friday,
trimming their 2014 gains to below 15%.
On the other hand, LinkedIn (LNKD) dropped about 5% as the professional social network was
snubbed from the S&P 500 despite ample speculation earlier in the week that it would get the bid to
join the lineup.
First Published: April 25, 2014: 11:44 AM ET
http://underarmourshirt.com/
http://money.cnn.com/2014/04/25/investing/under-armour-sp-500/