Is LULU a Lemon? Shares Fall on Downbeat Forecasts
December 9, 2015
James Gellert, CEO of Rapid Ratings, a New York research firm that scores companies on a scale of 1 to 100, with the higher the better, rates lululemon at a 94. As he told Stocks to Watch:The market should have confidence that lululemon athletica has the ability to rebound from the market impact it is seeing today. I suspect you will see people buying on this dip, and the day is more likely to end better than it started for the stock… I think we will be talking down the road about how well they weathered the storm.