Jim Cramer on lululemon: “This Could Be a Reset Quarter”

lululemon athletica inc. (NASDAQ:LULU) was among the stocks Jim Cramer was focused on, as he discussed Mad Money’s latest game plan for the week. Cramer finished his game plan with the stock, as he commented:

Next, if you’ve been following the turmoil at lululemon, it’s hard to believe that they can beat the estimates. This could be a reset quarter, and you don’t buy ahead of a reset quarter.

lululemon athletica inc. (NASDAQ:LULU) designs and sells athletic apparel, footwear, and accessories for yoga, running, training, and related activities. Jensen Investment Management stated the following regarding lululemon athletica inc. (NASDAQ:LULU) in its Q1 2026 investor letter:

The Investment Team also liquidated the Portfolio’s remaining positions in lululemon athletica inc. (NASDAQ:LULU). Regarding LULU, the continued deterioration in our view of their underlying business fundamentals caused us to exit the position.

While we acknowledge the risk and potential of LULU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LULU and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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