3 Reasons Lululemon Can Continue to Grow Despite the Coronavirus
After a year of incredible growth, both in its business operations and its stock price, lululemon athletica (NASDAQ: LULU) showed that it has what it takes to keep the momentum going after a solid fourth quarter.
Unlike overvalued stocks that are big on hype but low on delivery, Lululemon is a growth stock with a proven and profitable business model. So while the COVID-19 pandemic will take a toll on the company like it will in most industries, Lululemon will continue to outperform long term after what's likely to be a near-term slowdown.
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Source Fool.com
