Workout gear retailer Lululemon (LULU) was founded just 13 years ago in Vancouver, but thanks to devoted fans, it's moved beyond the Canadian border.
The brand has become so popular in the United States that the company even faced temporary inventory shortages.
"Lululemon has reached an inflection point," said Christian Buss, analyst at ThinkEquity. "It is now the first choice for casual athletic wear in the American market." And there's plenty of room to grow.
Currently, there are almost 100 Lululemon stores in the United States, and Buss says there's enough demand to triple that.
Lululemon is also making a name for itself online, launching an e-commerce site to reach consumers who don't live near any of its stores.
The stock is the worst performer in the Dow in 2011. Some investors want Cisco to shut down more divisions. Is John Chambers still the right man to lead the company? More
|5 disturbing stats on black-white financial inequality|
|Twinkie bakery to close, putting 400 out of work|
|Bank of America to pay $16.65 billion over mortgages|
|Sears clobbered after 9th straight quarterly loss|
|Mortgage rates hit 2014 low|