Fool.com contributor Parkev Tatevosian highlights one top growth stock with near-term headwinds for long-term investors to consider.
*Stock prices used were the afternoon prices of Aug. 17, 2024. The video was published on Aug. 19, 2024.
1 Ridiculously Cheap Growth Stock Down 50% to Buy Hand Over Fist
By Parkev Tatevosian, CFA – Aug 21, 2024 at 5:00AM
NASDAQ: LULU
Lululemon Athletica Inc.
Market Cap
$20B
Today's Change
(0.64%) $1.09
Current Price
$170.90
Price as of November 12, 2025 at 4:00 PM ET
The stock price is down due to decelerating revenue growth, but investors might be underestimating this outperformer.
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.