20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Earlier this month, Lululemon Athletica Inc’s (NASDAQ:LULU) CEO Calvin McDonald elaborated on the “Power of Three x2” strategy.
Accelerating technical innovation could generate drive double-digit topline growth, with the company’s rising wallet share in both core franchises and newer Play verticals, according to Needham.
The Lululemon Athletica Analyst: Anna Andreeva initiated coverage of Lululemon Athletica with a Buy rating and a price target of $470.
The Lululemon Athletica Thesis: “With unaided brand awareness at just 25% in the US (still much higher 20-point association with Yoga vs. Run/Train) and LSD internationally, LULU has plenty of white space to apply emerging technologies in existing and new categories (Play verticals gaining momentum with Tennis and Golf),” Andreeva said in the initiation note.
Check out other analyst stock ratings.
China represents a big opportunity to increase productivity, as it encompasses 19% of the company’s store base but only 13% of sales, the analyst stated.
China is Lululemon Athletica’s second most profitable region, and the company’s profitability in the region could reach more than $4 per share in earnings power, she added.
LULU Price Action: Shares of Lululemon Athletica had risen by 3.04% to $396.15 at the time of publication Wednesday.
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Photo: Shutterstock
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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