Is Lululemon Stock Too Cheap to Pass Up?
Apparel company Lululemon Athletica (NASDAQ: LULU) recently reported earnings, and they did little to calm investor fears about the business. Disappointing top-line numbers and a troubling forecast have resulted in the stock hitting new lows.
The company has been struggling for a while and has announced a new CEO. A turnaround won't be easy, but if it's successful, the stock could be poised to deliver some fantastic returns for investors who take a chance on the company. While there is some considerable risk with the stock, has it become so cheap that it's worth buying right now?
Image source: Getty Images.
Source Fool.com
Lululemon Athletica Inc. Aktie
105,00 €
-0,38 %
Die Community bevorzugt leicht Lululemon Athletica Inc., mit etwas mehr Buy- (24) als Sell-Einschätzungen (5).
Die Community prognostiziert für Lululemon Athletica Inc. ein Kursziel von 220 €, was den aktuellen Kurs von 105.0 € weit übertrifft.
