|Bid||187.09 x 800|
|Ask||187.23 x 1800|
|Day's Range||184.45 - 188.80|
|52 Week Range||110.71 - 188.80|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||49.18|
|Earnings Date||Aug 28, 2019 - Sep 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||186.00|
We think all investors should try to buy and hold high quality multi-year winners. While the best companies are hard...
Lululemon Athletica Inc. said Tuesday that it is launching a line of personal care products for men and women online, in 50 Lululemon stores, at select North American studio partners and on Sephora.com. The Selfcare line includes deodorant, dry shampoo and face moisturizer with items for men and women. Lululemon's Chief Product Officer Sun Choe called the new line another way to respond to "feedback that transitioning from sweat to life isn't always easy." The Selfcare line is a product of a two-year research and development process. Lululemon stock is up 1.4% in Tuesday trading and up nearly 53% for the year so far. The S&P 500 index has gained 16.5% for the period.
LULU stock continues to outperform in the retail sector thanks to outstanding earnings and sales growth in recent quarters. But does that make it a buy?
VANCOUVER, British Columbia, June 18, 2019 /PRNewswire/ -- Today, lululemon unveiled its newest product line, offering a variety of personal care products for guests, following a successful test earlier this year. Designed to create solutions for athletes' needs, the new dual-gender line consists of four products that focus on seamlessly bridging the gap from sweat to everyday life. The product will be sold online at lululemon.com, in 50 lululemon stores, at select studio partners in North America, and on Sephora.com.
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InvestorPlace contributor Brad Moon recently covered the news about Alibaba (NYSE:BABA) filing for a Hong Kong listing that could see it sell up to $20 billion in Alibaba stock. More than that, it gives the ecommerce giant a secondary stock listing in Hong Kong, making it much easier for Chinese investors to own BABA stock.Source: Charles Chan Via FlickrMoon put it this way:"A company of this size choosing to list in Hong King sends the message that Chinese companies don't necessarily need to seek an American IPO to succeed. Making the situation worse, current tensions between China and the U.S. have Chinese companies looking for ways to reduce their exposure to American investment…Other Chinese stocks that are traded in the U.S. could take the same route as BABA stock and also look to Hong Kong for a listing."InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn this scenario, Chinese companies could eventually skip New York altogether, opting to list closer to home, making it much more difficult for U.S. investors to get in on the tech action in that country. * 7 Top-Rated Biotech Stocks to Invest In Today It's a Problem for Investors EverywhereThis isn't a problem for just U.S. investors. Regular Joe's around the world, despite technology and globalization, still have a hard time buying stocks outside their own country. It's a big reason ETFs have taken off. If you can't buy Remgro (OTCMKTS:RMGOF), a South American holding company controlled by the Rupert family, you buy Franklin FTSE South Africa ETF (NYSEARCA:FLZA) instead, the ETF's 11th largest holding. If you're a believer in modern portfolio theory and efficient markets, buying FLZA makes a whole lot of sense. However, if you want to build a global portfolio of companies that are good capital allocators, as Remgro is, it's a much more difficult task. Why can't someone in China go to their computer and buy Alibaba without having to set up accounts with a broker that does business on U.S. stock exchanges? Here in Canada, Lululemon (NASDAQ:LULU) used to be dual-listed in Toronto and NASDAQ. In June 2013, the Vancouver-based apparel company delisted its shares on the Toronto Stock Exchange, opting to go with a sole listing on NASDAQ. For them, it was all about cost. By keeping the listing active, regulatory filings, etc. At the time, the TSX was moving 90,000 shares a day of LULU compared to 1.9 million on NASDAQ."They had very thin volume, considering the expenses of staying in the exchange. And I think they decided that was unwise. It does make sense at the end of the day that they are carefully managing expenses," said Betty Chen, senior vice president at Wedbush Securities Inc. in San Francisco at the time of the delisting. Today, if I want to buy Lululemon, I go to my online brokerage account, paying a commission for the trade and a foreign exchange fee to convert Canadian cash to U.S. cash. However, if I want to go outside Canada or the U.S., my life gets a lot more complicated. Why Does This Happen?With the advent of blockchain technology, I ought to be able to make financial transactions anywhere in the world, bypassing the traditional brokerage system.Yes, I'm sure this raises plenty of red flags about money laundering, etc., but like the photocopier (the 8.5 by 11 piece of paper you lay on the glass seems to be in a different place for every manufacturer) it would be far more efficient to have one system that works well in every part of the world in a seamless manner.The fact that Alibaba has to list Alibaba stock in Hong Kong to appeal to Chinese investors, and the Chinese government to a lesser extent, suggests the global sourcing of capital remains incredibly backward and old school. I get that this secondary listing has politics written all over it given the tensions between the U.S. and China, but to me, this says less about Alibaba stock and more about the failure of globalization.If the world were truly global, I could buy 100 shares of Remgro or a stock listed in Hong Kong or Beijing for $4.99. I can't. Can you? I doubt it. The Bottom Line on Alibaba StockIf you own BABA, I don't think this in and of itself does anything for the stock in the long haul.The $20 billion it will raise from the secondary listing should come in handy as it continues to grow its ecommerce and cloud businesses outside China. That should be good for its stock.However, I wish we didn't have to have this conversation. One listing should be suitable for investors anywhere in the world. Full stop. The fact that it's not is troubling, to say the least. At the time of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Tech Stocks to Buy for the Second Half of 2019 * 7 Top-Rated Biotech Stocks to Invest In Today * 4 Semiconductor Stocks to Sell Compare Brokers The post The Hong Kong Alibaba Stock Listing Shows Globalization's Failure appeared first on InvestorPlace.
The stock market finished higher, with techs and small caps leading the advance. FANG stocks, Lululemon and Tesla helped boost the Nasdaq.
The stock market continued to eke out gains late Monday, as investors await the outcome of this week's Fed meeting and Paris Air Show.
The tech-heavy Nasdaq led the way early Monday. Top growth stock Lululemon is regaining a buy point in today's stock market action.
Lululemon (LULU) impressed investors with double-digit growth in its sales as well as earnings in the first quarter of fiscal 2019, which ended on May 5. The company also saw improved margins in the first quarter—even amid an uncertain macro environment and a challenging retail space.
The world of exchange traded funds is evolving. With a slew of new ETFs, you will be able to not only diversify your portfolio, but also to take advantage of active management to lower risk while keeping a handle on expenses. The TrimTabs All Cap US Free-Cash-Flow ETF (TTAC) is actively managed and lists its holdings daily, for full transparency.
Lululemon (LULU) generated revenue of $782.32 million in the first quarter of fiscal 2019, which ended on May 5. The company’s first-quarter revenue came in way ahead of analysts’ expectation of $755.31 million, up grew 20.4% on a year-over-year basis. Here's why.
Lululemon (LULU) stock rose 2.1% on June 13 in reaction to better-than-expected first-quarter results and an upgraded outlook for fiscal 2019 overall. The company's first-quarter adjusted EPS grew 34.5% to $0.74 on revenue growth of 20.4% to $782.32 million. Analysts had expected EPS of $0.70 and revenue of $755.31 million. Here's why the outlook got an upgrade.
Dow Jones stock Nike hit a new all-time high Wednesday. But is the athletic apparel giant a buy right now?
The restaurant's slide was way out of proportion to its earnings miss. The automaker's wiggle reflects trust issues.
Lululemon Athletica rallied to close above 179.60 buy point, hitting a new high. The stock briefly broke out last Thursday, but quickly pared gains. Lululemon found support at 50-day and powered higher Monday.