Anyone else buying LULU?

=== SUMMARY === - Post argues LULU is attractively valued at ~11x forward P/E and just crossed above its 50-day moving average. - Thesis cites China/international growth, a new CEO with Nike experience, and Michael Burry holding LULU as catalysts. - This is light DD/speculation with some data points, not a deep fundamental analysis. === SENTIMENT === BULLISH === TRADE IDEAS === LULU - LONG | confidence: 0.70 | sentiment: +0.70 Speaker: u/grantresolve Thesis: 1. THE FACT: LULU trades near 11x forward earnings with international/China growth and a new Nike-experienced CEO. 2. THE BRIDGE: Cheap valuation combined with growth catalysts and a 50-day MA reclaim could attract re-rating. 3. THE VERDICT: Long LULU as a value/growth turnaround based on valuation, momentum, and leadership change. 4. RISKS: Weak moat, fashion cyclicality, deteriorating quality, and strong competition could invalidate the bull case. Timeframe: medium-term Key Points: - 11x forward P/E is cheap if growth holds - 50-day MA cross adds technical support - China/international expansion is key growth driver - Burry holding signals value investor interest - Community sees pricing power and quality risks === COMMENTS SUMMARY === The community is largely skeptical: many call it a falling knife or bagholder position, arguing LULU has zero moat, no pricing power, and deteriorating quality. Jokes like “Peloton you can wear” and “AI will make butts irrelevant” reinforce the bearish sentiment, directly challenging the author’s bullish thesis.