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Down 30% This Year, Is It Time to Buy Lululemon Stock?

·4-min read
Down 30% This Year, Is It Time to Buy Lululemon Stock?
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While this has negatively affected some companies, Lululemon Athletica (NASDAQ: LULU) has defied the odds and continues to put up great financial results. The rapidly growing athleisure brand is increasing market share among high-income female consumers and is executing nicely with expansions into shoes and other product categories. With the company growing as fast as ever, is now the time to pick up some shares of Lululemon stock?

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