Fool.com contributor Parkev Tatevosian argues why this growth stock makes an excellent purchase for long-term investors.
*Stock prices used were the afternoon prices of May 22, 2024. The video was published on May 24, 2024.
1 Undervalued Growth Stock Down 42% to Buy Hand Over Fist Right Now
By Parkev Tatevosian, CFA – May 25, 2024 at 6:09AM
NASDAQ: LULU
Lululemon Athletica Inc.
Market Cap
$19B
Today's Change
(-2.86%) $4.73
Current Price
$160.74
Price as of November 4, 2025 at 3:58 PM ET
Investors started selling this stock as they noticed a slowdown in its growth rate.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.