(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.

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Source Fool.com