Better Buy: Nike vs. Lululemon Stock

Wall Street has put both Nike (NYSE: NKE) and Lululemon Athletica (NASDAQ: LULU) stocks on the discount shelf this year. The retailers are down 14% and 24% in 2024, respectively, even as the S 500 is up 9% through late March.

Both stocks will likely bounce back. Nike is the clear leader in the athletic footwear niche, after all, and Lululemon has a bright long-term outlook as it pushes into new geographies and product categories.

But one stock will be a better fit in most investors' growth-focused portfolios. Let's look at which one is the more attractive buy right now.

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Source Fool.com