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Benzinga
56 days

Jim Cramer Recommends Buying Roblox, Reddit But Lululemon? 'I Got It Wrong'

1. Jim Cramer expressed confusion over Lululemon, suggesting to move on. 2. Lululemon's Q1 revenue exceeded estimates but cut FY25 EPS guidance. 3. Stock price for Lululemon fell 0.8%, closing at $225.56. 4. Cramer's sentiment indicates uncertainty around Lululemon's future performance.

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FAQ

Why Bearish?

Cramer's unclear stance and the cut in EPS guidance could signal declining investor confidence, similar to previous market reactions when earnings estimates were lowered.

How important is it?

The article directly addresses Lululemon's performance and analyst sentiment, significantly influencing investor outlook.

Why Short Term?

The immediate market sentiment shift may influence Lululemon's stock in the near term due to analyst comments and guiding revisions.

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