Tuesday, 30 July 2024

Down 50%, Is Lululemon a Screaming Buy Right Now?

by BD Banks

In this video, I will cover Lululemon Athletica (NASDAQ: LULU) which has seen its stock price plummet this year. This could be an attractive opportunity for long-term investors.

*Stock prices used were from the trading day of July 26, 2024. The video was published on July 27, 2024.

Should you invest $1,000 in Lululemon Athletica right now?

Before you buy stock in Lululemon Athletica, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Lululemon Athletica wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $692,784!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of July 29, 2024

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lululemon Athletica. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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