Private Advisor Group LLC, Forte Capital LLC, Principal Financial Group Inc, and many other companies have recently increased their holdings in Lululemon Athletica Inc. (LULU). Conversely, entities like Flossbach Von Storch SE, New York State Teachers Retirement System, and several others have trimmed their holdings. The whirl of activity comes as the company sees its relative strength (RS) rating surge to 82.
The strong growth trend and robust international sales coupled with the anticipation of more store openings like the one planned in Pensacola this Summer, adds to LULU's momentum. However, there is also speculation about Lulu's future viability, some asserting that its stock might not be as fruitful to investors.
Despite the skeptics, Oppenheimer forecasts strong price appreciation for Lulu's stock and LULU's Q4 results prompted an earnings and revenue guidance hike, demonstrating strong growth in the market. Investors are urged to continue monitoring LULU's performance closely, given its current momentum in the retail sector.
Lululemon Athletica LULU News Analytics from Mon, 23 Sep 2024 07:00:00 GMT to Sat, 22 Feb 2025 17:34:59 GMT - Rating 6 - Innovation 1 - Information 7 - Rumor -1
