Jim Cramer Says Lululemon Athletica Is Poised for a Takeover in 2015

TheStreet's Jim Cramer explains why he thinks investors can win in two ways with Lululemon. Cramer says typically Lululemon reports quarterly results and the stock gets slammed and it stays down. And that has been the pattern for ages. This time however it got slammed and then came back up -- which signifies that the stock has hit a bottom and everyone who needs to sell and wants to sell is out of it. That's why he's been buying it for his charitable trust. Cramer says investors can win in one of two ways -- you can win on just the turn in the business. Or, if the business doesn't turn, next year you can win in a take out. Cramer says he typically does not recommend stocks on a take out basis if the fundamentals are any good, but he sees a lot in the fundamentals that would've been even better if there had not been any West coast port issues. Cramer expects Lululemon to be taken over in 2015 because it is under-managed and because it has two valuable franchises. He points to Nike or VF Corp as possible buyers.