1 Growth Stock Trading at More Than Half Off Its Peak Could Turn $500 Into $2,000 by 2027
Lululemon's stock has taken a major hit, but its strong brand and remaining growth opportunities could create significant upside if the company successfully gets back on track.
Overview
If you are looking for a growth stock that has been knocked down but not knocked out, Lululemon Athletica (NASDAQ: LULU) is one name that still belongs on your radar. It's a candidate to turn a $500 investment into a $2,000 position by 2027 if its recovery story plays out.
Image source: Getty Images.
Right now, the stock looks bad and battered. Shares are down more than 40% in 2026, and trading more than 75% below their 2023 peak, which puts them firmly in half-off territory.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.