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Kaminsky Is Bearish on Lululemon Athletica (LULU)

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CNBC's Gary Kaminsky is in full bear mode. Kaminsky announced that he is bearish on Lululemon Athletica (LULU). The stock currently trades at $45 a share and he doesn't “believe that its sky-high earnings multiples could be sustained.” This is pretty surprising considering the popularity of the company.

Kamisnky's view is the exact opposite of Mad Money host Jim Cramer. Cramer loves the stock and thinks that it is in the beginning of a major growth phase. He recommended the stock to his Mad Money viewers just two days ago. He thinks that the company's customers don't mind paying more money to be a member of the company's many classes.

What do you think about LULU?

 

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Posted-In: CNBC CNBC Gary Kaminsky Lululemon Athletica Jim CramerNews Analyst Ratings

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