10 Most Successful Innovative Companies in The World in 2016

Page 5 of 10

6. Under Armour Inc (NYSE:UA)

Innovation Premium – 68.9%

Market Cap – $16.2 billion

We are continuing our list of most successful innovative companies in the world in 2016 with Under Armour Inc (NYSE:UA), that was founded in 1996 and it has its base in Baltimore. The company is known for its work in creating performance apparel, accessories and footwear for all age groups and genders, and has quickly grown to become one of the leading sports apparel brands in the world.

Follow Under Armour Inc. (NYSE:UA)

“Under Armour was founded on the following core values: Innovation, Inspiration, Reliability and Integrity,” the company states on its website. To this end, they seek to do business with suppliers and subcontractors that follow those same principles. While Under Armour had to trim its earnings growth guidance during its latest earnings call, it’s because the company continues to aggressively pursue growth.

Under Armour Inc (NYSE:UA) is also starting to make a name for itself among the hedge funds in our database, as 31 of them were long the stock at the end of June, up from 21 at the end of March.

10 Most Successful Innovative Companies in The World in 2016

Page 5 of 10