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Could Lululemon Be a Multimillionaire-Maker Stock?


(NASDAQ: LULU) was, for a time, one of the best stocks an investor could own. During the 10-year period leading up to its peak in December 2023, shares skyrocketed by 764%. They've been under immense pressure since then due to the company's subpar results, and are now down by 59% from their all-time high. But there might be an opportunity here for contrarian investors.

Could this apparel stock be a multimillionaire maker? Here's what investors need to know.

Image source: Getty Images.

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Source Fool.com

Lululemon Athletica Inc. Stock

€157.64
1.980%
There is an upward development for Lululemon Athletica Inc. compared to yesterday, with an increase of €3.06 (1.980%).
Currently there is a rather positive sentiment for Lululemon Athletica Inc. with 45 Buy predictions and 6 Sell predictions.
With a target price of 297 € there is a hugely positive potential of 88.4% for Lululemon Athletica Inc. compared to the current price of 157.64 €.
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