Lululemon Athletica (NASDAQ: LULU) has not had a good year, to say the least. While the S 500 has climbed 27% in 2024 (as of Dec. 12), the premium athleisure brand has seen its shares head in the opposite direction. As of this writing, this consumer discretionary stock has slumped 23% in 2024 as well as from its peak about a year ago.

Bullish investors are certainly hoping for things to turn around. But can Lululemon's stock rise roughly 25% from today's levels to reach $500 in 2025? Here's what investors should be thinking about now.

Despite a difficult 2024, Lululemon has historically been a very good performer for investors' portfolios. In the past decade, the stock has soared 670%, turning $10,000 into $77,000 -- far better than the broad index of 500 large and profitable companies.

Continue reading

Source Fool.com