$Lululemon Athletica(LULU)$ gotta rethink if this undervalued or fairly valued now?!
While trend has been undoubtedly negative, the stock is nearing its fair valuation. Anything in the range of 90-105 would be worth considering.
Lululemon is a branded chain and brands do not trade cheaply for long. the Middle East crisis has definitely impacted this company, but with inflation set to rise, these companies will be hiking the pricing soon, leading to even better margins.
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