Jim Cramer Reveals When to Buy Lululemon

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Still wearing those yoga pants?

Lululemon Athletica  (LULU) - Get Lululemon Athletica Inc (LULU) Report reported earnings for the three months ending on November 3 came in at 96 cents per share, up 35.1% from the same period last year and 3 cents ahead of the Street consensus forecast.

However, the stock fell sharply despite the earnings beat after surging throughout 2019. Is this simply a tale of too great of expectations?

Jim Cramer’s advice with the stock? Wait until Monday, and then it might be time to do some athleisure shopping, Cramer said.

Head to Real Money for the latest on Stock of the Day Lululemon.

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