“Michael Burry Keeps Buying This Stock”Michael Burry
Lululemon faces severe headwinds and negative growth but offers significant upside potential if management executes a turnaround; Michael Burry's continued buying supports this contrarian view.
For example, Lululemon is the top investment from Michael Burry.
Now, we start things off by looking at Lululemon, the yoga pants company, and this one is in a lot of trouble. The stock price continues to plummet. In fact, when we look at Lululemon this year, it's quite literally one of the worst performing stocks of the year.
Year-to-date, it's down 51%. If we zoom out in the past trailing year, it's down 38%. The past 5 years, check this out. Lululemon is down 76%.