Where Will Lululemon Stock Be in 3 Years?

It's been a difficult ride for Lululemon Athletica (NASDAQ: LULU) investors this year as shares have cratered some 54%. The business that singlehandedly created the athleisure apparel category is facing slower growth and heightened competition that is undoubtedly scaring shareholders.But Lululemon's bulls hope things can turn around for the better. With that being said, where will this consumer discretionary stock be in three years?Lululemon has long positioned itself as a premium brand in the sportswear market. It's a key strategic focus that helps the company stand out in a crowded field. I don't see this changing anytime soon.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool