1 Warning Before You Buy Lululemon Stock on the Dip
(NASDAQ: LULU) has been a fantastic investment. In the past decade, shares have skyrocketed 599%. This gain crushes the broader Nasdaq Composite Index.
However, this apparel stock is trading 39% below its December 2023 peak. Investors appear to be worried about slowing growth in the current macro environment.
Lululemon stock now looks like a smart buy on the dip. Before adding the company to your portfolio, though, learn about this one warning.
Source Fool.com
Lululemon Athletica Inc. Stock
€218.35
-0.140%
Currently there is a rather positive sentiment for Lululemon Athletica Inc. with 92 Buy predictions and 6 Sell predictions.
With a target price of 453 € there is potential for a 107.47% increase which would mean more than doubling the current price of 218.35 € for Lululemon Athletica Inc..
