The author would pick Nike over Lululemon if forced to choose one, arguing Nike has a durable moat via sports jerseys, athlete endorsements and long brand history, while Lululemon has lost the moat and luxury status it once had. The catalyst is a holiday-season share-price spike as consumers buy gifts, with the author suggesting waiting until end of September before buying. Main risk is the author's own caveat that this is a 'dumbass opinion' and timing is uncertain.