Lululemon (LULU) has been upgraded to buy from hold at Truist, and is today’s FOMO stock. Jenny Horne and Alex Coffey discuss LULU as it stands to benefit from a growing market, and it anticipates a “robust” five-year outlook at analyst day tomorrow. They also talk. about how their partnership with Mirror has been disappointing so far. They then go over how hard it is to break into the footwear market, comparing LULU with Nike (NKE). They then demonstrate an example trade using LULU. Tune in to find out more.
Next Gen Investing
21 Apr 2022
SHARE