This year has been a tough one for investors as the S&P 500 is down 20% so far in 2022. Even high-quality businesses that continue to post solid financial results have been getting crushed. The Federal Reserve's intention to hike interest rates in order to curb inflation is sparking fears of a recession, and this is hurting investor portfolios.
One business that is still thriving, Lululemon (NASDAQ: LULU), is down 29% this year. Any negative price movement like this can cause shareholders to reassess the investment thesis and possibly come to a new conclusion.
With that said, let's dissect the bull and bear cases for this top apparel stock.
Source Fool.com