Lululemon Stock Rallying Back to Its True Value

After trading down to a tragic 60% of their 52-week high levels, shares of Lululemon Athletica Inc. NASDAQ: LULU just gave fundamental investors another reason to add this stock to their potential buy watchlists. In the after-market hours of June 6, the stock rallied by as much as 50 points, or 13.6%, from its previous closing price.While some investors thought inflation would deteriorate settings in the consumer discretionary sector, Lululemon’s market penetration is no match for today’s economic environme ...