1 Growth Stock to Buy and Hold in a Market Downturn

Nike (NYSE: NKE) might get all the attention in the athletic apparel industry, but Lululemon Athletica (NASDAQ: LULU) certainly deserves some appreciation. Thanks to strong underlying business performance, the latter's stock has soared 200% in the past five years, a return that crushes the 46% gain of its bigger rival. Here's why Lululemon is a no-brainer growth stock that investors should buy and hold — including in a market downturn.