Lorne Steinberg: Lululemon’s problems are likely fixable—stocks to watch

Bullish Gator

Lorne Steinberg of Lorne Steinberg Wealth Management tells BNN Bloomberg why Lululemon’s issues may be fixable and highlights stocks investors should monitor now.

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What stands out

Lorne Steinberg told BNN Bloomberg that Lululemon’s recent problems look fixable, a clear vote of confidence from a wealth manager who follows Canadian and U.S. consumer names closely. He framed the issues as operational rather than structural, inventory and assortment headaches that can be corrected rather than a lasting demand collapse. That view stands out because it contrasts with recent price action: the stock has pulled back, but Steinberg is calling the pullback a potentially repairable phase rather than the start of a long decline.