Buy Lululemon shares ahead of earnings. Lululemon has ben upgraded to Buy at $59 ahead of earnings on live streaming trading.
Lululemon management has been doing a great job and the company has been reporting earnings well above expectations. Buying shares of Lululemon on weakness may prove to be a profitable strategy
Prior of buying shares of Lululemon Vieira has a short position on the stock which he closed on weakness.
Meanwhile Vieira has been recommending to investors important sector rotation. For example he issue a profit taking alert in Herbalife using profits to invest in better opportunities as described here.
Vieira is using his own instructions available as video on demand to invest in the markets.
Investment firms lost their credibility before professional investors having sell ratings in the best stock market performers.
Lululemon Athletica Inc., styled as lululemon athletica, is a self-described yoga-inspired athletic apparel company, which produces a clothing line and runs international clothing stores from its company base in Vancouver, British Columbia, Canada. The firm has been a magnet for numerous controversies including product recalls, product quality issues, overpriced merchandise, making misleading statements to artificially inflate its stock price, marketing efforts that exclude overweight customers,accusations by shareholders of fraud,false advertising and controversial statements by a founder. It sells clothing in several continents.
Vieira upgraded shares of Lululemon to Strong Buy in 2014 at $38
Lululemon (LULU) shares closed the session at $63.7