Market technicians note that "UAA stock price" has broken its recent descending trendline, opening the door for momentum traders to target the $9–9.50 range in the near term. So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. 5 Hot Stocks to Buy Now: October's Top Picks With Major Upside Analysts suggest that the company could benefit if wholesale channel demand remains steady despite macro headwinds.
