Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Under Armour Inc (UA): What Can You Do?

What You Need to Watch With Under Armour Inc (UA) in 2013Compared to many of my compatriots here at The Motley Fool, I am still relatively new to investing. Prior to last year, my investing experience was limited primarily to mutual funds, with some light dabbling into individual stocks. I had some successes along the way, but my “trader” mentality often got the best of me and led me to sell my shares on a whim, buying or selling based on price and not a whole lot else.

I like to think that I’ve shifted my mentality a bit over the past 18 months. I feel more like an investor than ever before, and plan on holding onto many of my investments for a long time. Once I make an investment decision, I try to avoid thinking about other opportunities that I let slip away. Alas, I am human, and my choice of Under Armour Inc (NYSE:UA) last year over a group of other qualified candidates has had me thinking recently about the way I make investment decisions. Instead of dwelling on the missed gains, however, I decided to learn from the decision and adjust my thinking going forward.

A bit of history
Last August, I identified five companies that I was considering adding to my portfolio, and spent the month looking at various reasons why they would have made great additions to my portfolio. I ultimately went with Under Armour Inc (NYSE:UA), and while the other stocks remained on my watchlist, I decided to turn my attention to following Under Armour Inc (NYSE:UA) more closely.

Nevertheless, the performance of the other companies on the list over the past eight months has been hard to ignore, so I decided to take a look how each of the candidates has fared since I made my decision, and it is no wonder that I hope for what could have been:

UA Chart

Source: UA data by YCharts.

What can you do?
While it is slightly disheartening to have missed out on the great performance from three of these companies, I have no regrets. I still think Under Armour Inc (NYSE:UA) will be a winner in the long run, and remain committed to the company and CEO Kevin Plank. With a long-term horizon and no need to access these funds for quite some time, I view this eight-month snapshot as a learning opportunity more than anything else.

Personally, I look back on my decision last September and wonder if I missed something about Netflix, Inc. (NASDAQ:NFLX). I honestly thought it was an acquisition candidate, and wouldn’t remain as an independent company for much longer. Instead, the company continues to add subscribers, including a robust 3 million during its most recent quarter, and could put up similar results going forward with the return of Arrested Development later this month. I just have to file this in the “lessons learned” category and continue to look for opportunities.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.