Better Buy: Nike vs. Lululemon Stock
Wall Street has put both Nike (NYSE: NKE) and Lululemon Athletica (NASDAQ: LULU) stocks on the discount shelf this year. The retailers are down 14% and 24% in 2024, respectively, even as the S 500 is up 9% through late March.
Both stocks will likely bounce back. Nike is the clear leader in the athletic footwear niche, after all, and Lululemon has a bright long-term outlook as it pushes into new geographies and product categories.
But one stock will be a better fit in most investors' growth-focused portfolios. Let's look at which one is the more attractive buy right now.
Source Fool.com
Lululemon Athletica Inc. Stock
€208.65
0.550%
With 74 Buy predictions and 4 Sell predictions Lululemon Athletica Inc. is one of the favorites of our community.
With a target price of 340 € there is a hugely positive potential of 62.95% for Lululemon Athletica Inc. compared to the current price of 208.65 €.
