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LLL - Oprah's favorite things list

6585 Views 20 Replies 10 Participants Last post by  Belguy
You can't argue with Oprah's influence. On Friday she did her final annual "Favorite Things" list and Lululemon pants made the list.

I've watched LLL casually, but have never owned it. Obviously Oprah's recommendation will move more than a few pairs of pants next week, but I can't help but wonder if it will equal long-term sales growth. Thinking about picking up some at opening tomorrow.. anyone have thoughts on this?

Here's Jim Cramer admitting he was previously very wrong on LULU:
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I've been wanting to get my hands on this stock for a while. I thought it was kinda expensive right now. Would have been a 10 fold back at $5 a share.

My wife says every gal on the subway has one of those red lululemon bags and I see A LOT of women wearing their yoga pants/hoodies. My wife shops there, her cousin shops there, all the girls at work shop there...hmm

Peter Lynch said to look for this kind of stuff.
Oh and just to note, most people are buying the pants because they are trendy, make them look good. They don't do yoga at all. The brand name is holding it out. But I also see a lot of women wear tights which almost look the same are are like $10-$25.
LLL is up around 5% in the last two trading days.
Shares of LLL up 16%+ this morning as q3 profit nearly doubles. For anyone who invested, congrats!
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