While the lululemon athletica (LULU 0.10%) bears have been citing its dizzying valuation and the inherent risk with priced-to-perfection stocks, this company had an incredibly strong performance in 2012 with strong organic growth. In this video, Motley Fool analyst Austin Smith tells investors how the company stacks up to some similar companies in its industry, just how strong 2012 was for Lululemon, and his thoughts on if the company can do it again this year.