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Will Lululemon Athletica Ever Come Down?

Back in early April, I turned bearish on shares of Lululemon Athletica (LULU) . Since then the stock is up about 16%, easily outperforming the S&P 500. The company reports Thursday. Will I ever be right on this name?

I have been bearish (and wrong) on shares of Lululemon. As early as June, I thought the stock would get chopped in half. I still think Lululemon will have a hard time in the back half of the year -- coming up against increasingly difficult comparisons. Then the stock...