Why Peter Lynch Would Love Lululemon Athletica
Peter Lynch knows a thing or two about picking winners in the stock market. From 1977 to 1990, he delivered 29% annualized returns as the manager of the Fidelity Magellan Fund.
Lynch was famous for identifying small, fast-growing consumer brands before they became household names. There are four things that stand out about lululemon athletica (NASDAQ: LULU) that illustrate the type of stocks Lynch loved to buy.
One of Lynch's favorite investment opportunities was finding a company that consistently grew earnings per share between 20% to 25% per year. The reason stems from what makes stocks go up (or down) over the long term.
Source Fool.com
