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.
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
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
Market Cap
$38B
Today's Change
(1.62%) $4.96
Current Price
$310.96
Price as of June 17, 2024, 11:11 a.m. ET
Investors started selling this stock as they noticed a slowdown in its growth rate.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lululemon Athletica. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.