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LULU
Benzinga
112 days

Jim Cramer Recommends Rubrik, Says Micron Is 'Just Ok', Lululemon Is Worth 'Small Position'

1. Lululemon beat Q4 revenue expectations at $3.61 billion. 2. Earnings per share were $6.14, beating estimates of $5.85. 3. Cramer suggests a small position in LULU now. 4. LULU shares increased by 0.2% to $268.52.

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FAQ

Why Bullish?

Strong earnings reports and revenues often lead to positive investor sentiment. Historical examples include LULU's record growth periods following similar earnings surprises.

How important is it?

The article highlights significant earnings growth which can influence LULU’s stock value. Cramer's recommendation may also encourage interest from retail investors.

Why Short Term?

Positive reactions to earnings typically influence stock prices quickly. Similar scenarios in the past show immediate gains following earnings announcements.

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