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Is Lululemon a buy, sell or hold?

Coreena Robertson, The Market Online
0 Comments| August 8, 2024

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Lululemon Athletica Inc. (NDAQ: LULU) has seen a recent dip in its share price, declining to its lowest level in four years one day before the company’s 2024 Summer Olympic apparel debuted on Team Canada athletes in the opening ceremonies of Paris 2024 Olympic Games.

Lululemon previously had controversy over the Luon see-through pants in 2013 and recently it paused sales of its Breezethrough yoga wear. Brianne Gardner, senior wealth manager at Velocity Investments, Raymond James Canada, joined The Market Online in the studio to discuss Lululemon and whether she sees good value at the current price level. Check out the above video for the full interview.

Shares of Lululemon Athletica Hodings Inc. (NDAQ:LULU) were down 3.46 per cent, trading at US$233.44 at the close of markets Wednesday.

For more Olympic business of sports content check out, “3 TSX companies going for gold with Canadian Olympians in Paris.”

Be sure to stay up to date on all the latest stock market news at Stockhouse.com.

Join the discussion: Find out what everybody’s saying about this stock on the Lululemon Athletica Inc. Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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