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lululemon athletica inc. (LULU - Free Report) was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $78.71 to $83.69 in the past one-month time frame.
The stock was driven after the company delivered a solid fourth-quarter fiscal 2017 results, mainly backed by synergies from the re-launch of the company’s website, resulting in robust e-commerce growth.
The company has not seen any estimate revisions in the past one month, while the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
lululemon athletica currently has a Zacks Rank #2 (Buy), while its Earnings ESP is positive.
Is LULU going up? Or down? Predict to see what others think: Up or Down
Investor Alert: Breakthroughs Pending
A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline.
Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now.
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lululemon athletica (LULU) Catches Eye: Stock Jumps 9.2%
lululemon athletica inc. (LULU - Free Report) was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $78.71 to $83.69 in the past one-month time frame.
The stock was driven after the company delivered a solid fourth-quarter fiscal 2017 results, mainly backed by synergies from the re-launch of the company’s website, resulting in robust e-commerce growth.
The company has not seen any estimate revisions in the past one month, while the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
lululemon athletica currently has a Zacks Rank #2 (Buy), while its Earnings ESP is positive.
lululemon athletica inc. Price
lululemon athletica inc. Price | lululemon athletica inc. Quote
Another stock worth considering in the Textile - Apparel industry is Columbia Sportswear Company (COLM - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is LULU going up? Or down? Predict to see what others think: Up or Down
Investor Alert: Breakthroughs Pending
A medical advance is now at the flashpoint between theory and realization. Billions of dollars in research have poured into it. Companies are already generating substantial revenue, and even more wondrous products are in the pipeline.
Cures for a variety of deadly diseases are in sight, and so are big potential profits for early investors. Zacks names 5 stocks to buy now.
Click here to see them >>