Is It Too Late to Buy Shares of This Top Growth Stock?
Investors looking for the next big thing may miss out on the sure thing. A company with slowing sales growth may look like it's past its prime, and investors could move on to another high-growth stock. But it's often the winners that keep on winning, and with less risk. Consider that investing legend Warren Buffett only bought shares of Amazon through his holding company, Berkshire Hathaway, in 2019 -- way after it had already gained thousands of percentage points.
Lululemon Athletica (NASDAQ: LULU) is a niche athletic wear company that has taken the markets by storm since going public in 2007. Is its growth story over? Or is this a winner you don't want to lose out on?
As with any top company, Lululemon's wild success has come from a mix of factors. It produces premium athletic wear that appeals to an upscale crowd looking for exclusive, high-quality products. Its branding is cohesive and community-building, and it uses patented fabrics that its customers really like. These shoppers are willing and able to pay premium prices.
Source Fool.com
