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Oppy brings the 'love' for Lululemon

Aug. 28, 2015 12:52 PM ETLululemon Athletica Inc. (LULU) StockLULUBy: Clark Schultz, SA News Editor1 Comment
  • Lululemon (LULU +0.4%) is still well-positioned despite some growing concerns the strong growth trends in athletic apparel are set to wane, according to Oppenheimer.
  • The investment firm makes the case in a new note to investors that Lululemon will be able to hold its 15% market share in the U.S. and has significant international upside not fully priced into shares.
  • SA contributor Equity Watch broke down the long-term bull case on LULU last month in an article that still resonates.
  • LULU trades at $62.91 vs. a 52-week range of $37.81 to $72.00.

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