Shares of Lululemon Athletica (NASDAQ: LULU) are trading around all-time highs recently, up an impressive 35% this year. A portion of this gain was fueled by the athletic apparel company's earnings report last week, which featured revenue and non-GAAP (adjusted) earnings per share that blew past analyst estimates. Despite the growth stock's outperformance recently, there's a handful of reasons to believe shares could be significantly higher five years from now.
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