4 Stocks to Sell Into Pressure (And 1 to Buy)

The bears take back Wall Street, loading selling pressure back onto the backs of several stocks.

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4 Stocks to Sell Into Pressure (And 1 to Buy)

Stocks to Sell: Lululemon (LULU)

042314LULU 300x247 4 Stocks to Sell Into Pressure (And 1 to Buy)
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Yoga pants maker Lululemon (LULU), which still is reeling from that see-through pants debacle, is under pressure here as retailers overall have big question marks over their heads: Was the wintertime slowdown weather-related, or the symptom of a more serious pullback by consumers?

It doesn’t help that LULU is guiding a low-single-digit decline in Q1 same-store (less online) sales as it tries to revamp its product lineup.

Shares are dropping out of a four-month-old bear flag pattern as prices drop to levels not seen since early 2011.

I’ve recommended the May $47.50 puts to my Edge Letter Pro clients.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/04/4-stocks-to-sell-1-buy/.

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