S&P 500   3,941.48
DOW   31,928.62
QQQ   287.24
S&P 500   3,941.48
DOW   31,928.62
QQQ   287.24
S&P 500   3,941.48
DOW   31,928.62
QQQ   287.24
S&P 500   3,941.48
DOW   31,928.62
QQQ   287.24

7 Outdoor Living Stocks to Buy Before Investors Go Away For the Summer - 1 of 7


#1 - Lululemon (NASDAQ:LULU)

Lululemon Athletica logo

Look good, perform well. That’s the thesis behind buying shares of Lululemon (NASDAQ:LULU). Lululemon burst onto the national consciousness because of their yoga pants. However, the company is so much more than that. It’s an example of premium brands having the pricing power to pass along costs to their consumers.

This pricing power is at the core of my argument for LULU stock because there’s no doubt the stock is overvalued by fundamental metrics. However, every time analysts set a high bar, the athleisure manufacturer climbs over it. As long as it can deliver rising earnings and revenue, the stock price will be supported.

Unlike many of the outdoor living stocks in this presentation, Lululemon was up for the year until recently. However, even a quality stock like LULU has rolled over in the April sell-off. At the time of this writing, the stock is down about 8%. Based on the consensus opinion of analysts, it’s not likely to stay down for very long.

About Lululemon Athletica

lululemon athletica inc., together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women and men. It operates in two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga, running, and training, as well as other sweaty pursuits.Read More 
Current Price
Consensus Rating
Ratings Breakdown
19 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings.
Consensus Price Target
$442.76 (71.9% Upside)


Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.