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Is a slowing growth rate enough to justify this kind of sell-off?
Lululemon (LULU 0.65%) stock has dropped like a rock recently on concern the company's growth is slowing. While it's true the growth rate is down, this is still a growth stock. In this video, Travis Hoium discusses whether the pullback makes the stock a buy or not.
*Stock prices used were end-of-day prices of June 10, 2024. The video was published on June 11, 2024.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lululemon Athletica. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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