Better Buy: Nike vs. Lululemon Stock

Wall Street has put both Nike (NKE -0.16%) and Lululemon Athletica (LULU 0.31%) stocks on the discount shelf this year. The retailers are down 14% and 24% in 2024, respectively, even as the S&P 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 ...