The Latest Breaking News from LULU

 

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.

Lululemon Athletica (NASDAQ:LULU) has outperformed the market over the past 10 years by 2.98% on an annualized basis.

Market forecasters have raised concerns about a U.S. recession, given rising inflation and the Russia-Ukraine war. In addition, discretionary retail spending tends to decline amid economic downturns. Hence, the overvalued retail stocks Hermes International (HESAY), Lululemon (LULU), e.l.f. Beauty (ELF) and Allbirds (BIRD) might now be best avoided. Let’s discuss.

Proof that everything, even your patio, looks better with something soft underfoot

eBay, Inc (NASDAQ: EBAY), Meta Platforms, Inc (NASDAQ: META) and Lululemon Athletica, Inc (NASDAQ; LULU) have created double bottom and triple bottom patterns on the daily chart.

Someone with a lot of money to spend has taken a bearish stance on Lululemon Athletica (NASDAQ:LULU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

A leading apparel company has announced plans to grow in the footwear category with an entry into the market for men’s and women’s shoes.

If history is any guide, there may be trouble ahead for shares of Lululemon Athletica (NASDAQ:LULU). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.