Reported 4 months ago
The Motley Fool article discusses two growth stocks, Starbucks and Lululemon Athletica, both down over 35% from their peak, making them attractive buys. Despite recent setbacks due to weak sales guidance, the article highlights the long-term growth potential of both companies. Starbucks plans to expand its store count to 55,000 by 2030 and remains resilient despite temporary challenges, with its stock trading at an attractive valuation. Similarly, Lululemon continues to grow revenue at double-digit rates, with opportunities for global expansion in the athletic wear industry. The stocks are considered worth purchasing at their current discounted prices.
Source: YAHOO