The stock market showed little movements on Friday as investors assessed the latest development on global trade and inflation news. S&P 500 was flat at 6,115, while NASDAQ was up 0.4% to 20,027.
Note that S&P 500 finished the week just shy of record high.
Tweet of the Day
Wow! This is an outside-the-box take on Applovin $APP a stock we owned years ago (prior to the recent surge). https://t.co/NHzincnQjB
— David Sharek (@GrowthStockGuy) February 13, 2025
Chart of the Day
Here is the one-year chart of Lululemon Athletica (LULU) as of January 13, 2025, when the stock was at $399.
Lululemon’s demand is being driven by its China Mainland and Rest of World geographical segments. China’s revenue increased 39% while Rest of World increased 27%. LULU is in the early stages of growth in these Rest of World markets, such as Australia and Melbourne. In last quarter’s earnings call, LULU management mentioned its plans to tap new countries, including Italy, Denmark, Belgium, Turkey and Czech Republic. This will further support the company’s International business.
LULU is part of our Growth Portfolio.
