Stock is at a 52 week low, revenue in America is stagnating. Their only hope for future growth seems to be in Asian markets. ALO seems to be what younger consumers are buying.
Just hired a new CEO who comes from Nike (who is also struggling, doesn't necessarily mean she had anything to do with it but I thought it was worth mentioning) who is unproven.
Is there any bullish case for the company right now?
Is LULU at all compelling to anyone on here?
byu/Realistic_Agent_9494 instocks
Posted by Realistic_Agent_9494
15 Comments
No.
The biggest bull case is that they become an acquisition target.
Clothes are good but hard pass
Nope.
they sell the same things on Amazon for 1/5 of the price LULU charges.
Follow up question.
When does the stock get cheap enough to consider?
GRGD.to and ATZ is where its at right now.
No, buying this stock is an opportunity cost.
The economy is K shaped
Some sectors are growing fast
Some sector are declining
I see no reason buying in to declining sector with tons of penalties
I’m waiting till they become an AI clothing company /s
There clothing- yes! It is definitely compelling.
Stock? Hell no!
“Just hired a new CEO who comes from Nike (who is also struggling, doesn’t necessarily mean she had anything to do with it but I thought it was worth mentioning)”
Choosing someone from NKE in any case wasn’t going to go over well.
“Is there any bullish case for the company right now?”
Not that I can think of.
In terms of it getting to a point of being “cheap enough to consider” I’d rather a less cheap stock where I actually like the business/can come up with a compelling thesis.
65% down for me. It gets heavier the longer I carry it around like Telus
Maybe 3-4 years ago but their popular clout is fading
no tail wind
The PE is really good at $10.65. It’s not being shorted that much and they are sitting on a lot of cash.
I might consider entering at $120 and sell when/if it goes up 20% but I would not hold long term.