Jason Hall

I think competition is a real threat, but it's also an important reminder that it's a really compelling business.

Competitors are not jumping in this to lose money.

We've seen other retail or other apparel businesses that have struggled because they lost control of distribution.

Lululemon is different because it still has so much control over its distribution footprint.

I do think that I agree with both of you that this is less a turnaround and more of a recalibration, but the stock is still priced maybe for more trouble ahead.

Okay, up next, we've got one more.

I've got a Mag7 stock that I think is more hidden gem than you might think.

Stick with us.

Welcome back to Motley Fool Money.

To wrap up today's show, I wanna talk about alphabet, guys.

Yeah, I think that's fair.

From the beginning of the year, the stock's up 55%.

But that big selloff during the lows in April, the stock's basically doubled since then.

It's clearly gone from being perceived as a feared loser from AI, eroding that ad-driven search business, to now one of the expected winners from artificial intelligence.

Now, I think it's true.

It's getting really serious traction with Gemini.

Its cloud services business is booming.

And we've also figured out that the ad business is actually holding up pretty well, even as we do see search be affected by AI.

But I think the reason it makes the cut for me, and of the stocks that we've discussed today, it's the one that I have actually most recently bought.

It's because of those things and all of the other things that Alphabet is positioned to win from.