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Lululemon Athletica Inc. Message Board

  • jiminycrockett jiminycrockett Jan 15, 2013 7:04 PM Flag

    LULU hits 45$ before end of the year

    Single-digit growth does not justify a P/E of 40.
    A P/E of 20 would be more accurate.

    As for those banking on international growth, forget it: the yoga trend is strictly a North American fad. Europeans don't practice yoga and see it as the American flavour of the day.
    They're also broke, which means they won't be able to afford 70$ spandex pants.

    Americans also face tax increases which will definitely affect their spending budgets in the upcoming year.

    Competitors like Gap and Nike will force Lululemon to reduce their prices and lower their margins.

    Sorry to say this, but you're a sucker (or a sado-masochist) if you're buying this stock at this level.

    Sentiment: Sell

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51.12+0.84(+1.67%)Oct 2 3:59 PMEDT