LULU - 1 Warning Before You Buy Lululemon Stock on the Dip
2024-06-16 05:14:00 ET
Lululemon (NASDAQ: LULU) has been a fantastic investment. In the past decade, shares have skyrocketed 599%. This gain crushes the broader Nasdaq Composite Index .
However, this apparel stock is trading 39% below its December 2023 peak. Investors appear to be worried about slowing growth in the current macro environment.
Lululemon stock now looks like a smart buy on the dip . Before adding the company to your portfolio, though, learn about this one warning.
For further details see:
1 Warning Before You Buy Lululemon Stock on the Dip