Forget Lululemon, Peloton Interactive Is a Better Growth Stock
Investors have been excited by lululemon athletica's (NASDAQ: LULU) stock for a long time. Since it went public at $18 per share in 2007, the stock has appreciated a staggering 17-fold. That's a roughly 25% average annualized return for just over 13 years.
But today, Peloton Interactive (NASDAQ: PTON) is the better growth stock. Here's why.
Lululemon's track record of growth is incredibly impressive, having grown revenue almost 219-fold over the last 16 years. That works out to an impressive 40% average annualized growth rate over that period.
Source Fool.com
