So many reasons why I see LULU as breaking out into the 80's and beyond by the spring. One big reason; look at the 100 largest stock holdings of FMR ...who owns well over $1 billion of LULU stock. FMR's 100 largest holdings include all blue chip type companies. LULU, contrary to the no sayers is indeed a blue chip stock.
the market cap is HALF what addidas is.. Does about 1/20th the revenue of addidas, has 1/8th the employees, yes better growth but please... everybody is knocking this off, target is for god sakes. It was a chic trendy fad, its going down. I live in BOCA RATON, 1 of the "best" markets for this #$%$, talked to lulu employees they said its been slow for a couple months. Freight Capital price target of 35. Been short since 79.