1 Warning Before You Buy Lululemon Stock on the Dip
lululemon(LULU) The Motley Fool·2024-06-16 09:14Investors are souring on this premium clothing business.Lululemon (LULU -0.48%) has been a fantastic investment. In the past decade, shares have skyrocketed 599%. This gain crushes the broader Nasdaq Composite Index.However, this apparel stock is trading 39% below its December 2023 peak. Investors appear to be worried about slowing growth in the current macro environment.Lululemon stock now looks like a smart buy on the dip. Before adding the company to your portfolio, though, learn about this one warning.C ...