Lululemon Athletica (LULU) stock prediction week august 15 2011

Indonesia stock info - Lululemon Athletica (LULU) stock prediction week august 15 2011 ; Lululemon Athletica (LULU) gained 15.23% over the last 3 days still leaving a loss of 3% in one month. The stock dropped for no fundamental reason during the market sell-off. The company trades with a high P/E which made it easy to push the stock down during this time period. During the last few days the stock has posted consistent gains making up for the loss it had experienced.

The company has great potential as its products are specialty items intended for exercise purposes with a focus on yoga and running. LULU continues to post quarter over quarter and year over year gains in nearly all financial categories and shows no signs of slowing down.

The stock was trading near 52 week highs before the market downtrend. I expect the stock to continue seeing gains over the next few weeks potentially passing 52 week highs as excitement surrounding the company continues to increase.

Related Post: