2 Tailwinds That Can Push Lululemon Athletica Stock Higher
Share prices of Lululemon Athletica (NASDAQ: LULU) are currently down 22% from their all-time high, but the stock got a nice bounce following the release of its recent fiscal fourth-quarter earnings report late last month.
It's difficult to predict where the stock goes for the rest of the year, but if you have more than 10 years to allow an investment to mature, there's a lot to like about Lululemon as a growth stock. Let's look at two charts that should help investors visualize where the company (and stock) are headed over the long term.
Image source: Lululemon Athletica.
Source Fool.com
