Is Lululemon a Good Stock to Buy?
Valued at a market capitalization of US$19.2 billion, Lululemon (NASDAQ:LULU) is one of the most recognizable retail brands globally. It designs, distributes, and sells athletic apparel, footwear, and accessories for women and men under the Lululemon brand. LULU stock went public in September 2007 and has since returned more than 1,000% to shareholders. However, it has grossly…