The Globe and Mail reports in its Monday edition that multiyear lows are never a good thing, but they feel especially embarrassing when the market is at record highs. Guest columnist Amber Kanwar writes that Lululemon finds itself trading around the lowest level in five years, ahead of its earnings report after the bell on Thursday. But valuation expectations are also at rock bottom. Lulu is unlikely to have a blowout quarter, but maybe it does not need one for the stock to do well. "We think the stock's selloff presents a particularly good opportunity to own a strong growth company with high margins," Bank of America's Lorraine Hutchinson wrote in a note to clients. "The market is looking for a sizable earnings cut," Ms. Hutchinson continued. "If LULU can execute on its [second-quarter] sales growth ... we think the stock will re-rate." Shareholder Jamie Murray of Murray Wealth Group said the company's underlying issues are fixable. "Catalysts from here beyond improved financials include an activist investor stepping in, C-suite management shake-up or a new trendsetter product," he told Ms. Kanwar.