After Getting Crushed Earlier This Year, Lululemon Stock Is Soaring. Time to Buy?

Lululemon Athletica (NASDAQ: LULU) stock has rebounded significantly recently, rising more than 20% over the last 30 days alone. That is a notable shift after shares slid earlier this year as cooling U.S. demand and a contracting profit margin spooked investors.With fresh data from the company's latest earnings report to mull over, it's a good time to take a look at the stock to see if shares look attractive. After all, even though the stock has been on a roll over the last month, it is still down more than 45% year to date as of this writing. Maybe the stock is still oversold?There's certainly a lot to like about the business. Sure, the athletic-apparel retailer is still working through a sluggish U.S. backdrop. But its international business keeps delivering rapid growth -- especially in China. In addition, management's latest financial update also included higher full-year guidance and a larger share repurchase authorization.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool