Based on the aggregated intelligence of 170,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, yoga gear retailer lululemon athletica (Nasdaq: LULU) has received the dreaded one-star ranking.

With that in mind, let's take a closer look at lululemon's business and see what CAPS investors are saying about the stock right now.

lululemon facts

Headquarters (founded) Vancouver, Canada (1998)
Market Cap $6.65 billion
Industry Apparel clothing
Trailing-12-Month Revenue $711.7 million
Management

CEO Christine Day (since 2008)

CFO John Currie (since 2007)

Return on Equity (average, past 3 years) 33.1%
Cash/Debt $316.3 million / $0
Competitors

Finish Line (Nasdaq: FINL)

Gap (NYSE: GPS)

Nike (NYSE: NKE)

Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.

On CAPS, 29% of the 966 members who have rated lululemon believe the stock will underperform the S&P 500 going forward. These bears include Gti303 and noahfarb.

Earlier this month, Gti303 wrote that the lululemon bear case boiled down to price: "LULU is a great company, great growth, great product, and very green ... however, the stock price is unjustified at this point ... even though there is a pending split."

In fact, lululemon currently sports a forward P/E of 36.4. That represents a clear premium to listed competitors Finish Line (12.8), Gap (10.3), and Nike (16.2).

CAPS member noahfarb elaborates on the lululemon bear case:

Good company. Way overpriced. At this basis, investors are paying not only for the success of their current NA growth strategy, but are also paying for growth beyond NA, which is very uncertain. This is a company that may do very well over the next several years, but that's already priced in. Definitely "UNDERPERFORM".

What do you think about lululemon, or any other stock for that matter? If you want to retire rich, you need to protect your portfolio from any undue risk. Staying away from dangerous stocks is crucial to securing your financial future, and on Motley Fool CAPS, thousands of investors are working every day to flag them. CAPS is 100% free, so get started!