The average brokerage recommendation (ABR) for Lululemon (LULU) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Not everything is looking great within the record-setting Nasdaq.
The Dow Jones Industrial Average jumped on Friday, marking its best session of the year, as investors closed a strong month after the Federal Reserve’s preferred inflation measure met expectations.