12 High Growth Non-Tech Stocks That Are Profitable in 2025

3. Lululemon Athletica Inc. (NASDAQ:LULU)

5-Year Sales Growth: 22.12%

5-Year Net Income Growth: 25.12%

TTM Net Income: $1.74 Billion

Number of Hedge Fund Holders: 60

Lululemon Athletica Inc. (NASDAQ:LULU) specializes in designing, manufacturing, and distributing technical athletic apparel, footwear, and accessories. It operates across four main regions including the Americas, China Mainland, Asia Pacific, Europe, and the Middle East.

On March 19, Morgan Stanley analyst Alexandra Straton maintained a Buy rating on the stock, with a price target of $411. Straton highlighted the possibility of an upside in Lululemon Athletica Inc. (NASDAQ:LULU) earnings per share for Q4 2024 driven by its newness-driven strategy. During the fiscal fourth quarter of 2024, the company grew its revenue by 13% to $3.6 billion. The growth was driven by a robust performance by the International segment which grew 38% during the same time.

Moreover, Diamond Hill Large Cap Strategy mentioned Lululemon Athletica Inc. (NASDAQ:LULU) in its Q4 2024 investor letter, stating that it was one of the firm’s top individual contributors during the quarter, reflecting positive performance. The fund emphasized the company’s position as a leading technical apparel brand with strong affinity in the Americas and a growing international presence. It is one of the high-growth non-tech stocks that are profitable in 2025.

Diamond Hill Large Cap Strategy stated the following regarding Lululemon Athletica Inc. (NASDAQ:LULU) in its Q4 2024 investor letter:

“Among our top individual contributors in Q4 were General Motors and new position Lululemon Athletica Inc. (NASDAQ:LULU). Lululemon is a leading technical apparel brand with strong affinity in the Americas and a growing international presence. As competition in the US has increased, investors have questioned whether the brand faces structural challenges — particularly as sales have also slowed recently. However, we believe these challenges in the US are primarily transitory and that lululemon will be able to sustain its margins. Further, we believe lululemon is a high quality, cash-generative company with a clean balance sheet — consequently, we capitalized on what we view as an attractive discount to our estimate of intrinsic value to initiate a position in the quarter. Shares rose in Q4 as the consumer environment in the Americas stabilized, international growth remains outsized and margins have proven resilient.”