in postLULLULULONGFIRST CALL

“Nothing is more profitable than a stock one knows absolutely cannot fall more.”

LULU at GFC-era valuation floor (<3x tangible book, <10x earnings) with China +19% growth makes the downside near-zero — a value-floor long.

LULLULULONG@ $120.35

$116.53-3.17%

since call Jun 25

peak +3.4%

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