Shares of Lululemom (LULU +2.8%) make a speculative run higher as more reports trickle in...

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donmcint Comments (43)
 
The stock price is sooo stretched short term (in the end we are all speculators except for Warren) that I would wait for a correction of at least 30% (maybe after the holiday season) at those levels I would definitely buy for the long run...this company could be worth 30 bi if management taps the "movement" type of follower-ship this brand has. It can maintain haigh margins if it builds a cult around its products.

This brand is at the center of a big yoga-healthy movement in the west (like Whole foods and others).
27 Nov 2012, 01:58 PM Reply Like

surfnspy Comments (415)
 
The ladies in my town are chugging the LULU koolaid like its going out of style.
27 Nov 2012, 02:10 PM Reply Like

donmcint Comments (43)
 
That could be a very early indicator, for now demand seems to be high and healthy according to this holiday season sales report.

nevertheless I recommend buying if it goes down significantly.

In my Gym in Denver of a yoga class of 60 women 60 have LULU apparel. It wouldn't be crazy if that goes down to 50% and the other is a mix of Nike and other brands, but LULU seems very well entrenched between teachers, its stores and buyers (including men).
27 Nov 2012, 02:49 PM Reply Like