Lululemon's P/E Is Back to 2017 Levels: Should You Buy the Dip?
lululemon(LULU) MarketBeat·2024-04-17 19:20
Key PointsAfter falling by more than 35% from all-time highs, Lululemon stock gives investors a dip-buying opportunity. Fundamentals remain strong, and the U.S. consumer is unstoppable, so the sell-off likely resulted from a market-wide tantrum. Despite recent bearish price action, analysts and institutions still see a double-digit upside in the name. 5 stocks we like better than Lululemon AthleticaPrice action, especially to the downside, can be scary for some investors. However, a price chart is only part ...