3 Growth Stocks Down 52% to 82% to Buy Right Now

Group 1: Lululemon Athletica - Lululemon is experiencing a significant decline in stock price, down 54% from a high of $516 to $235, despite a 19% annualized revenue growth over the last decade [5][6] - The stock is currently trading at 16 times forward earnings estimates, indicating a potential undervaluation given the brand's future growth prospects [6][9] - Lululemon's trailing-12-month revenue stands at $10.8 billion, which is considerably lower than competitors Nike and Adidas, who collectively generate $72 billion in annual sales [6][7] - The company has shown resilience with a 7% year-over-year revenue increase in the most recent quarter, contrasting with declines at Nike [7] - Increased search interest for Lululemon on Google suggests that the market may be underestimating its long-term growth potential, particularly in international markets [8] Group 2: Deckers Outdoor - Deckers Outdoor, known for brands like Hoka and Ugg, has seen its stock drop 52% from its peak earlier this year, attributed to slowing growth and market uncertainties [10][11] - The company anticipates a $150 million increase in costs due to tariffs, impacting its projected revenue of around $5 billion [12] - Despite short-term challenges, Deckers expects 9% revenue growth in the first quarter and double-digit growth for Hoka throughout the year [13] - The stock is currently trading at a price-to-earnings ratio of 16, suggesting it may be oversold and could rebound if growth resumes [14] Group 3: Roku - Roku has faced challenges post-pandemic, leading to slowing growth and losses, but maintains a dominant position in ad-supported streaming [15] - In the first quarter of 2025, Roku reported a 16% year-over-year revenue increase, primarily driven by its advertising segment, which constitutes 86% of total revenue [16] - The company has enhanced user engagement through its Roku channel, which became the second-most watched channel in the U.S., with an 84% increase in viewing hours year-over-year [17] - A partnership with Amazon aims to expand advertising reach, leveraging AI for targeted exposure, while Roku's stock is currently 82% off its all-time highs but has risen 40% over the past year [19]