Forget Nike: Lululemon Athletica Is a Better Growth Stock
Nike (NYSE: NKE) has delivered market-smashing returns to investors with the stock up almost 500% over the last 10 years. It's the most valuable apparel brand in the world, according to Brand Finance, ranking ahead of even top luxury labels.
But lululemon athletica (NASDAQ: LULU) has built a dominant brand of its own by focusing on niche categories like yoga, running, and even apparel suitable for everyday wear. Shares of the athleisure specialist have outperformed Nike no matter what period you consider: year to date, one year, three years, or the past decade.
And here's why Lululemon should continue to be the better growth stock than Nike.
Source Fool.com
