Down 68%, This Growth Stock Looks Oversold. Is It a Buy?

In the span of two years, Lululemon Athletica (NASDAQ: LULU) has gone from being a top performer in the apparel sector to one of the worst. The stock is now down 68% from its peak at the end of 2023 as its growth has slowed dramatically. There's no single factor that is responsible for that pullback, but rather, there have been a number of causes. The company is facing increasing competition as the athleisure market appears to be getting commoditized. By its own admission, it hasn't done enough to keep it ...