Is Lululemon Stock Too Cheap to Pass Up?
Apparel company Lululemon Athletica (NASDAQ: LULU) recently reported earnings, and they did little to calm investor fears about the business. Disappointing top-line numbers and a troubling forecast have resulted in the stock hitting new lows.
The company has been struggling for a while and has announced a new CEO. A turnaround won't be easy, but if it's successful, the stock could be poised to deliver some fantastic returns for investors who take a chance on the company. While there is some considerable risk with the stock, has it become so cheap that it's worth buying right now?
Image source: Getty Images.
Source Fool.com
Lululemon Athletica Inc. Aktie
108,60 €
1,50 %
Lululemon Athletica Inc. wird von der Community leicht favorisiert: Mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 207 € für Lululemon Athletica Inc. bedeutet eine deutliche Steigerung von über 50% gegenüber dem aktuellen Kurs von 108.6 €.
