$Lululemon Athletica(LULU)$ 

$LULU reports earnings on Wednesday.

The stock trades at 22 times forward earnings, which is close to the 15-year low of 20 times forward earnings in 2009.

The stock has returned +4,674% since.

Valuation has gotten quite attractive recently. 

Is it time to snap up shares of this gem of a company? Or a falling knife to be avoided?

What do you think?

# After Lululemon Makes a Comeback, Target Price is $400?

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