Q: Hi wonder team!
Analysts have been downgrading LULU as of late and today it hit its lowest share price since 2020. I’m underwater on it and wondering if you still have confidence it will rebound in the next 12-18 months?
(Respecting this is a shorter time frame)
Are there other consumer stocks you think have more upside in the next 18 months that you would do a swap for?
Thanks so much to all of you for your guidance!
Analysts have been downgrading LULU as of late and today it hit its lowest share price since 2020. I’m underwater on it and wondering if you still have confidence it will rebound in the next 12-18 months?
(Respecting this is a shorter time frame)
Are there other consumer stocks you think have more upside in the next 18 months that you would do a swap for?
Thanks so much to all of you for your guidance!
5i Research Answer:
We have comments posted today on LULU. We think it is 'slowly buyable' but a lot of patience may be required. We would prefer ATZ or BKNG in the sector today.