This LULU Is No Lemon

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Lululemon Athletica (LULU)

Another blowout quarter for the company, with the stock strong after-hour (yesterday) as well as in today's session.

Exactly 2 months ago we recommended banking this one 12% higher following a 1-month run. Now, 3 months since the original idea, the share is up nearly 30%.

Our original ideas was both technical and fundamentally based.

Bottom Line: Sometimes, holding on to great names, with strong earnings can produce a stellar results. I like seeing clients bank their profits, but sometimes, stocks that keep running is even better.

Don't sell too soon, you could be missing out.

Original idea, and follow-up is attached.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.