This LULU Is No LemonLululemon 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.