Retail sucks, Nike blows, and if you aren't Amazon (AMZN) you don't have a leg to stand on.
Except for Lululemon (LULU). ![]()
While traditional retail is just trying to figure out a way to survive, this often volatile stock (who am I kidding... it is always volatile) is breaking through massive resistance and now making a move to challenge its all-time highs.
If you can find a way to manage risk on this trade, which is much easier said than done, then you could have a stock that is going to run into the $80's.
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