Lululemon Athletica inc. (NASDAQ:LULU)
This retailer, which got its start by offering yoga-wear to athletic-minded women but has now branched out, had a recent earnings report that by most measures was solid. Why, then, did it drop so harshly?
Because CEO Christine Day, who has led the company during an impressive growth spurt over the past five years, announced that she will resign when a replacement is found.
I’m a big fan of Christine Day, and think her loss is important for investors to take note of. However, given the stock’s 20% sell-off, I think much of the risk associated with Day leaving has already been priced in. What we’re left with is a company that has a great brand and a solid growth story. With Day likely having a hand in finding her replacement, I think Lululemon Athletica inc. (NASDAQ:LULU)’s shares are worth looking into right now.
LinkedIn Corp (NYSE:LNKD)
While there isn’t necessarily any new news to add to LinkedIn Corp (NYSE:LNKD)’s story, I think it has the potential to be one of the great growth stories of the 21st century. The company has three revenue streams — one based on helping companies fill openings, one based on helping individuals find jobs, and one based on advertising — that are all growing by more than 50% per year.
At its highest potential, LinkedIn Corp (NYSE:LNKD) could disrupt the HR departments at companies worldwide, allowing for cheaper, more efficient, and streamlined recruiting. While I think the price point earlier this month of about $160 per share was more tempting, I fully plan on adding small portions of LinkedIn Corp (NYSE:LNKD) to my Roth IRA as the company’s story continues to unfold.
The article 3 Buy-Now Stocks from the “World’s Greatest Growth Portfolio” originally appeared on Fool.com and is written by Brian Stoffel.
Fool contributor Brian Stoffel owns shares of Apple, Google, Amazon.com, LinkedIn, 3D Systems, Starbucks, Baidu, Whole Foods Market, lululemon athletica, Intuitive Surgical, Westport Innovations, Stratasys, and IPG Photonics. The Motley Fool recommends 3D Systems, Amazon.com, Apple, Baidu, Google, Intuitive Surgical, IPG Photonics, LinkedIn, lululemon athletica, Starbucks, Stratasys, Westport Innovations, and Whole Foods Market, owns shares of 3D Systems, Amazon.com, Apple, Baidu, Google, Intuitive Surgical, IPG Photonics, LinkedIn, Starbucks, Stratasys, Westport Innovations, and Whole Foods Market, and has options on 3D Systems.
Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.