Is Lululemon Athletica (LULU) the Best Fitness and Gym Stock to Buy Now?

Insider Monkey12-14

We recently published a list of 10 Best Fitness and Gym Stocks to Buy Now. In this article, we are going to look at where Lululemon Athletica, Inc. (NASDAQ:LULU) stands against other fitness and gym ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2491130773?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/y8NZquzuFJWaz_aq9iIfDg--~B/aD02Njc7dz0xMDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/db4e959818e2898e73b369937455fd68","is_english":true,"pubTime":"2024-12-14 03:57","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2491130773","market":"us","top_or_hot":-1,"title":"Is Lululemon Athletica (LULU) the Best Fitness and Gym Stock to Buy Now?","media":"Insider Monkey","content":"<div>\n<p>We recently published a list of 10 Best Fitness and Gym Stocks to Buy Now. In this article, we are going to look at where Lululemon Athletica, Inc. (NASDAQ:LULU) stands against other fitness and gym ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lululemon-athletica-lulu-best-fitness-195748049.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Lululemon Athletica (LULU) the Best Fitness and Gym Stock to Buy Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Lululemon Athletica (LULU) the Best Fitness and Gym Stock to Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-14 03:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/lululemon-athletica-lulu-best-fitness-195748049.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently published a list of 10 Best Fitness and Gym Stocks to Buy Now. In this article, we are going to look at where Lululemon Athletica, Inc. (NASDAQ:LULU) stands against other fitness and gym ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lululemon-athletica-lulu-best-fitness-195748049.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVIW.SI","symbol_name":"NVDA 3xLongSG261006","start_time":0,"source_url":"https://finance.yahoo.com/news/lululemon-athletica-lulu-best-fitness-195748049.html","article_id":"2491130773","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/y8NZquzuFJWaz_aq9iIfDg--~B/aD02Njc7dz0xMDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/db4e959818e2898e73b369937455fd68"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491130773","pubTimestamp":1734119868,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of 10 Best Fitness and Gym Stocks to Buy Now. In this article, we are going to look at where Lululemon Athletica, Inc.  stands against other fitness and gym stocks to buy now.Overview of the Fitness and Global Wellness Industries. The fitness and wellness industries are projected to be major global players in the coming decades with the world shifting to healthy modes of living. Estimates by McKinsey show that the global wellness market has reached around $1.8 trillion, and has touched $480 billion in the US alone. Around 82% of US consumers rank wellness as their top priority. Similar sentiments can be seen resonating across the globe, as around 73% and 87% of the consumers in the UK and China report the same, respectively.They are altering their business strategies, focusing on contract-free and low-price memberships. According to NielsenIQ  and World Data Lab , the global fitness spending by Gen Z is estimated to reach $12 trillion by 2030. Similarly, es","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVIW.SI":"NVDA 3xLongSG261006","BK4588":"碎股",".IXIC":"NASDAQ Composite","QID":"纳指两倍做空ETF","USJW.SI":"ALPHAB 3xLongSG261006","LULU":"lululemon athletica","TSYW.SI":"TESLA 3xLongSG261006","TQQQ":"纳指三倍做多ETF","BK4504":"桥水持仓","USAW.SI":"AMZN 3xLongSG261006","BK4202":"服装、服饰与奢侈品","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","BK4585":"ETF&股票定投概念","NIQ":"Nuveenn Intermediate Duration Qu","LU0823411888.USD":"法巴消费创新基金 Cap","SQQQ":"纳指三倍做空ETF"},"translate_title":"Lululemon Athletica(LULU)是现在最值得购买的健身和健身房股票吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LULU":1,"NIQ":1,".IXIC":0.9,"USJW.SI":0.6,"USAW.SI":0.6,"TSYW.SI":0.6,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NVIW.SI":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"We recently published a list of 10 Best Fitness and Gym Stocks to Buy Now. In this article, we are going to look at where Lululemon Athletica, Inc. (NASDAQ:LULU) stands against other fitness and gym stocks to buy now.\nOverview of the Fitness and Global Wellness Industries\nThe fitness and wellness industries are projected to be major global players in the coming decades with the world shifting to healthy modes of living. Estimates by McKinsey show that the global wellness market has reached around $1.8 trillion, and has touched $480 billion in the US alone. Around 82% of US consumers rank wellness as their top priority. Similar sentiments can be seen resonating across the globe, as around 73% and 87% of the consumers in the UK and China report the same, respectively.\nAccording to the Health and Fitness Club Global Market Report 2024 released by the Business Research Company, the health and fitness club market has also grown exponentially in recent years. It is estimated to continue on this growth trajectory, going from $92.90 billion in 2023 to $101.46 billion in 2024. Much of this growth can be attributed to an increasing number of apartment complexes offering fitness and gym perks, rapid urbanization, the rising popularity of group fitness classes, government programs promoting fitness and health, and the corporatization of jobs.\nSocial media influencers also have a major role in this significant mind shift, with many users getting inspired to undertake fitness endeavors and gym memberships to attain the signature “fit body” image. In addition, growth in fitness franchises, personalized training programs, and training plans are also boosting a shift towards fitness and preventive healthcare.\nThe health and fitness club market size is anticipated to continue growing in the coming decade. The report estimates it to rise at a CAGR of 9.3%, reaching around $144.82 billion in 2028. Some of the significant trends in this forecast include using artificial intelligence for personalized workout recommendations, adopting smart gym equipment, and using AI-powered fitness and health apps.\nGen Z and Millennials in the Fitness Industry\nThe population aged 20-64 is the largest consumer niche in the industry that has grown exponentially in the past five years. According to Scott Max, gym memberships make up almost 50% of the fitness industry, and around 45% of these members are millennials. Gen Z makes up approximately 35% of this industry. Despite millennials taking the lead in numbers, gym and fitness brands are competing to capture the preferences of Gen Z.\nThey are altering their business strategies, focusing on contract-free and low-price memberships. According to NielsenIQ (NIQ) and World Data Lab (WDL), the global fitness spending by Gen Z is estimated to reach $12 trillion by 2030. Similarly, estimates by Les Mills show that around 36% of Gen Z is active, while 30% use fitness facilities. Around 82% of these facilities include gyms or studios. However, a significant number also take a hybrid approach, training both in and out of the gym.\nThe Global Online/Virtual Fitness Market\nOwing to these trends, the global online/virtual fitness market is also growing. According to the Global Online/Virtual Fitness Market Report 2023, the industry grew at a CAGR of 39.4%, going from $15.65 billion in 2022 to $21.82 billion in 2023.  It is anticipated to continue on this growth trajectory, growing at a CAGR of 36.9% to reach $76.57 billion by 2027.\nThe primary driver of this growth is the increasing use of mobile phones and smart devices in the fitness industry. With users increasingly relying on their mobile phones and AI-enabled fitness apps to dictate their fitness and gym journeys, this growth trend is expected to persist.\n Tyler Olson/Shutterstock.com \nOur Methodology\nTo compile our list, we sifted through ETFs and online rankings to compile a list of 15 fitness and gym stocks. We then selected the top 10 stocks most popular among elite hedge funds. We sourced the hedge fund data from Insider Monkey’s database. The stocks are arranged in ascending order of the number of hedge funds that have stakes in them as of Q3 2024.\nAt Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\nLululemon Athletica, Inc. (NASDAQ:LULU)\nNumber of Hedge Fund Holders: 45\nLululemon Athletica (NASDAQ:LULU) is an athletic apparel, footwear, and accessories company. Its operations are spread over the Americas, China Mainland, APAC, and EMEA. The company’s offerings are specifically designed for a healthy lifestyle, including a range of athletic activities. It also offers fitness-inspired accessories and apparel designed for being on the move.\nThe company’s fiscal Q3 2024 total revenue increased by 9%, or 8% in constant currency. China Mainland grew by 39% (36% in constant currency), while the Rest of the World grew by 27% (23% in constant currency). Lululemon Athletica’s (NASDAQ:LULU) consumer retention is high, giving it the opportunity to drive higher revenue per guest with increased newness in its assortment. The company is continuing to grow its membership program, currently standing at around 24 million members. The offers it makes to its members, including partner perks, members-only events, and early access, are the primary drivers of this growth.\nThe company’s unaided brand awareness stands at 36% in the US, allowing it to grow as it continues to open and optimize stores and launch new brand campaigns and activations. Lululemon Athletica (NASDAQ:LULU) ranks second on our list of the best fitness and gym stocks to buy now.\nMiddle Coast Investing stated the following regarding Lululemon Athletica Inc. (NASDAQ:LULU) in its Q2 2024 investor letter:\n\n“I mentioned last quarter and higher above that I like buying quality stocks on sale. Lululemon Athletica Inc. (NASDAQ:LULU), the 2nd worst performer in the S&P 500 this year, qualifies. I published a full thesis on the stock before its most recent earnings, but the basics: the yoga pants and clothing company has had an amazing post-pandemic run that is approaching its end. Its growth in the US is slow/non-existent at the moment, but it is growing very fast in China and Europe. I think that international growth is likely to endure, and that its US slowness is likely to be temporary. Lululemon shares are not ‘cheap’, but they are on sale for an average price, and I think the company will grow faster than average over the next five years. I would be wrong if Lululemon is a fad gone bust, or faces a huge post-pandemic hangover as people get used to leaving the house more. We’ll see.”\n\nOverall, LULU ranks 2nd on our list of one of the best fitness and gym stocks to buy now. While we acknowledge the potential of LULU to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LULU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491130773"}