Lululemon reports quarterly results Wednesday with Dollar Tree, Five Below, Ollie's Bargain Outlets. One of the stocks nears a buy point.
The average brokerage recommendation (ABR) for Lululemon (LULU) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Not everything is looking great within the record-setting Nasdaq.