Investor focused on companies with attractive dividend yields supported by sustainably growing earnings. Sharing ideas and thoughts. Not investment advice.
Sep 19 • 7 tweets • 2 min read
$LULU I think there’s a lot to like here: 1. Long-term track record and growth 2. Valuation 3. Technicals 4. Alt data
(1/7)
$LULU has been an outstanding long-term compounder. I believe the current deceleration is the result of an inevitable Covid hangover and fixable mis-execution (botched new product, mis-ordered sizes/styles). The company is still expected to grow EPS +11% in a “down” year in 2024. (2/7)