Skip to comments.IBD 50: Lululemon, Netflix Lead Top 5 Consumer Stocks
Posted on 03/07/2011 6:45:52 AM PST by Slyscribe
The consumer is back. And not just for the economy. The IBD 50 list of the very best stocks is littered with consumer stocks, especially at the top. The top five Lululemon Athletica (LULU), Priceline.com (PCLN), Netflix (NFLX), OpenTable (OPEN) and Baidu (BIDU) are fast-growing, innovative firms that are firing on all cylinders.
(Excerpt) Read more at blogs.investors.com ...
Too bad I didn’t buy a couple hundred shares of PCLN back in ‘06 or so...
NETFIX is the best. LOSE your cable and satellite and get it.
Lululemon is expense athletic clothing, much more than Underarmour or Nike. I am surprised that they are doing well in this economy.
Imagine Netflix's sales if you or they had to start paying a couple bucks extra postage per disc or a few dollars for the video bandwidth for each movie.
NFLX may have a high PE --today's price divided by last year's earnings, but all that means is that it's growing and everyone knows it. Right now it's got steady and strong return on assets and return on growth plus a good price/sales ratio. Top that off with the fact that right now it's technically within buy range.
Last time I owned it I'd bot it Feb2 @ 211.26 and sold Feb21 @ 235.51. Hmmm, you've just convinced me to buy it again this morning....
I sunk my roth into netflix last feb at 50/share. Yeah baby.
A purchase in 2005 would have yielded a 20X gain. Of course, if you'd bought the IPO back in 1999 you'd just now be getting close to breaking even.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.