Reported about 1 year ago
The article discusses the opportunity present in purchasing shares of a growth stock like Lululemon, which has seen a 40% decline in its share price year-to-date. Despite weaker demand in North America and the departure of the Chief Product Officer, the company's consistent net income growth, free-cash-flow generation, and strategic goals present a compelling investment opportunity. The market trend for athleisure products and Lululemon's strategic plans for market expansion and revenue growth further bolster its long-term potential, making it an attractive option for investors looking for value.
Source: YAHOO