These 3 Stocks Are Absurdly Overvalued Right Now

As the market hovers near all-time highs, investors should be wary of chasing stocks with frothy valuations. Today, we'll take a look at three stocks that appear overvalued -- Under Armour (NYSE: UA) (NYSE: UAA), Unity Software (NYSE: U), and JFrog (NASDAQ: FROG) -- and why they could burn investors if the market crashes.

Under Armour's stock has tumbled about 60% over the past five years as the footwear and athletic apparel maker's growth decelerated, it missed its own revenue targets, and it struggled to keep pace with its larger rivals Nike (NYSE: NKE) and Adidas.

Image source: Under Armour.

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Source Fool.com