Huge News For Lululemon Stock
People love their credit card rewards. Whether through the psychological impact of knowing you earned points on every swipe or the upscale perks these companies offer, premium cards have been a mainstay in popularity in the United States for years.
The king of premium credit cards is American Express. With its Gold and Platinum cards, the company has built a credit card spending ecosystem focused on travel, entertainment, and premium shopping.
Recently, American Express made a big refresh on its highest-fee Platinum card. A surprise cash back partner was announced as a perk for the new Platinum card: (NASDAQ: LULU). The struggling apparel retailer is offering huge rebates to these Platinum cardholders, which investors may be underrating as a growth driver for the brand over the next few years.
Source Fool.com
Lululemon Athletica Inc. Stock
Our community is currently high on Lululemon Athletica Inc. with 22 Buy predictions and 7 Sell predictions.
As a result the target price of 195 € shows a very positive potential of 86.78% compared to the current price of 104.4 € for Lululemon Athletica Inc..
