3 Activewear Stocks I'd Rather Buy Than Lululemon or Nike
lululemon(LULU) InvestorPlace·2024-04-15 18:20
Popular activewear stocks have really taken a beating over the past several months, led lower by such names as yoga top dog Lululemon (NASDAQ:LULU), which is now down a whopping 34% from its late-2023 high, and sneaker behemoth Nike (NYSE:NKE), down 48% from its late-2021 peak. Undoubtedly, the period of weakness has caused some to draw comparisons to perpetual apparel underperformer Under Armor (NYSE:UA), which is off more than 85% from its 2016 all-time high. Such comparisons may be unwarranted, given jus ...