3 Reasons This Magnificent Growth Stock Is a No-Brainer Buy Right Now
It's not typical to see a business continue to post impressive financial results each and every quarter, despite what's happening with external macro or industry forces. Lululemon Athletica (NASDAQ: LULU) is one such company, and it has stood out from the crowd in recent years.
Because of its strong fundamental performance, the shares have been a massive market outperformer. In the past 10 years, they have skyrocketed by a magnificent 828%. For comparison's sake, the Nasdaq Composite's total return during that time is 315%.
Here are three reasons this booming apparel stock is a no-brainer buy for your portfolio right now.
Source Fool.com
Lululemon Athletica Inc. Stock
Currently there is a rather positive sentiment for Lululemon Athletica Inc. with 92 Buy predictions and 6 Sell predictions.
With a target price of 444 € there is a hugely positive potential of 90.56% for Lululemon Athletica Inc. compared to the current price of 233.0 €.