Read This Before Buying Lululemon Athletica Stock
(NASDAQ: LULU) was once a terrific stock for investors to have had in their portfolios. Shares of the athleisure pioneer were up 321% in the five-year period leading up to their peak in December 2023. The market has lost faith, though, as slower sales growth has sent shares spiraling. They currently trade 68% below that all-time high (as of Nov. 18).
This consumer discretionary stock might be a smart buy-the-dip candidate. Investors should read this before buying Lululemon.
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Source Fool.com
Lululemon Athletica Inc. Stock
Currently there is a rather positive sentiment for Lululemon Athletica Inc. with 52 Buy predictions and 6 Sell predictions.
With a target price of 326 € there is potential for a 105.99% increase which would mean more than doubling the current price of 158.26 € for Lululemon Athletica Inc..


