Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Lululemon : Shares plunged more than 18% after the athletic apparel maker issued current-quarter revenue and earnings guidance below Wall Street estimates. Its quarterly sales forecast implies annual growth between 9% to 10%, compared with the 12.5% growth expected by analysts, according to LSEG .
86, well above analyst expectations. "These earnings are being done without any revenue growth whatsoever. If you get any revenue growth, you're going to see leverage that's immense," Cramer said. "It's a stock I want to talk about when we get to Monthly Meeting. It may be another one that we have to think about. There's a lot of good stocks out there right now.
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