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Is Lululemon a buy, sell or hold?

Business of Sports, Investor Series, Market News, The Expert Exchange
NDAQ:LULU
08 August 2024 04:00 (EST)

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Lululemon Athletica Inc. (NDAQ: LULU) has seen a recent dip in its share price, declining to its lowest level in four years one day before the company’s 2024 Summer Olympic apparel debuted on Team Canada athletes in the opening ceremonies of Paris 2024 Olympic Games. 

Lululemon previously had controversy over the Luon see-through pants in 2013 and recently it paused sales of its Breezethrough yoga wear. Brianne Gardner, senior wealth manager at Velocity Investments, Raymond James Canada, joined The Market Online in the studio to discuss Lululemon and whether she sees good value at the current price level. Check out the above video for the full interview.

Shares of Lululemon Athletica Hodings Inc. (NDAQ:LULU) were down 3.46 per cent, trading at US$233.44 at the close of markets Wednesday.

For more Olympic business of sports content check out, “3 TSX companies going for gold with Canadian Olympians in Paris.”

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