By Mill Chart
Last update: May 2, 2024
In this article we will dive into LULULEMON ATHLETICA INC (NASDAQ:LULU) as a possible candidate for growth investing. Investors should always do their own research, but we noticed LULULEMON ATHLETICA INC showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.
A key component of ChartMill's stock assessment is the Growth Rating, which spans from 0 to 10. This rating evaluates diverse growth factors, such as EPS and revenue growth, considering both past performance and future projections. NASDAQ:LULU has received a 8 out of 10:
To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NASDAQ:LULU has earned a 9 out of 10:
ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NASDAQ:LULU has earned a 9 out of 10:
Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NASDAQ:LULU this score is currently 7:
Although the technical rating is bad, LULU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 340.26, a Stop Loss order could be placed below this zone.
Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.
For an up to date full fundamental analysis you can check the fundamental report of LULU
For an up to date full technical analysis you can check the technical report of LULU
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
LULULEMON ATHLETICA INC
NASDAQ:LULU (5/9/2024, 6:02:50 PM)
After market: 353.29 +0.34 (+0.1%)352.95
+7.34 (+2.12%)
/PRNewswire/ -- As pickleball remains the fasting growing sport for the third year in a row, Life Time (NYSE: LTH) and lululemon (NASDAQ: LULU) have announced...
In the event of a market crash or pullback, retail stocks can provide a defensive hedge, holding up better than other sectors such as tech.
Exploring the Growth Potential of LULULEMON ATHLETICA INC (NASDAQ:LULU) as It Nears a Breakout.
While some retail companies are still thriving, investors would be smart to steer clear of these consumer stocks to avoid.
We also take a look at On Holding's appeal for shoe lovers and stockholders.
Lululemon Athletica Inc. founder Chip Wilson pledged a chunk of his multibillion-dollar stake in the yogawear maker to secure financing from Goldman Sachs Group Inc., leveraging his biggest listed asset.
In the e-commerce era, many retail stocks have gone bankrupt. These retail stocks to avoid seem to be headed in that direction.
Fashion stocks are positioned to prosper as summer season emerges. Secure best-in-class opportunities by investing in NKE, LULU and GES.