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Should You Add Lululemon to Your Portfolio?

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  • Description

    FBN’s Charles Payne on the outlook for Lululemon, Limited Brands and Fossil.

  • Duration 2:39
  • Date

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This transcript is automatically generated

We're making money went south mean.

Shares of fossil totally get hammered today yeah -- Charles Payne -- recommend we take rockets on at last week it actually had a kind of a high point on May second.

So I haven't -- listening to that.

-- -- -- -- -- Yeah got to look at more retail fast but I would say that again on May second -- that's when the thing really was at its peak and -- to -- took off.

Yeah we sent them our -- I came on this just take the profits profits you don't wanna be greedy godly I didn't not know.

Hello -- words -- yeah I I wasn't expecting that goes down 50% but.

You know it's a high beta name we have the profits I want -- -- -- market look pretty Shiite -- -- for the idea about how -- we make money off from the stock that got clobbered it's down 40%.

And even more than that all that fits into account with a main thing is they said negative things about Europe what's.

In hindsight right we -- said yeah yeah.

Every city every now that's like everything associated with -- to be like a year old by now painted yes but here we are so.

All the retailers are getting smacked we saw I saw growth come of their for the lululemon what about the stock they've got a 175 stores I think one in Europe.

Now here's a caveat lululemon I'm done I got to where you move to limit as the wild card okay -- look at that chart that's why it's a wild card who could expand its -- it's on its -- -- trading at eighteen times book it's -- Morgan fourteen percentage and that's.

Well clearly stated this is an expensive -- to finance that.

People buying their products it's amazing -- of the -- I'll disorders and -- money -- and they figure the lessons though like the closer they treat their own right I like this one because it's obviously down in sympathy with.

With those possible you know that I like 73 is an entry point OK -- as a stop loss.

Case you don't catch me on the show but they should be watching every -- loss of revenue has -- now.

Special welcome -- -- analysts look at Brazil the wanna like look like more the longer term investor does not gonna give you an -- return like a lululemon Luke Luke about seven point tomorrow.

Lemon is that that kind of stock -- by the same token from what I can find they have those stores and in Europe.

-- -- -- -- -- -- Bring you know different characteristic again I think that and his importance of their total.

I don't know if it doesn't that -- appalled that build the find out they're headquartered I think in Columbus, Ohio.

I don't play until -- -- -- Bottles I think -- Columbus, Ohio.

Let's and I looked up -- you think that they started out of Monaco's somewhere but apparently did.

Now that better market themselves very well they absolutely fail -- new -- the body on the Basel weakness back to look at.

Does and good thank you John's --

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