Lululemon's Path To Market Dominance And Strong Investment Potential

Robert Way Thesis Lululemon Athletica Inc., (NASDAQ:LULU) commonly known as Lululemon, is a Canadian-American multinational athletic apparel retailer headquartered in British Columbia and incorporated in Delaware, United States. The stock has performed exceptionally well, gaining more than 50% in value in 2023. While it trades at a rich valuation of close to 60 times earnings, I believe the stock is still undervalued with positive catalysts such as its pricing power, growth in market share, and the rapi ...