. >>> plus lululemon sits out the rally today. bank of america says it's time to sell. two other analysts saying it's a buy. who's right? we debate later in the hour. >>> take a look at how the s&p sectors are stacking up today. mostly green on the board. pretty good day shaping up on wall street. s&p up 17. es make healthcare more personal with patient-centric, digital innovations; from self-monitoring devices that can interpret personal data and enable targeted care, to cloud platforms that invite providers to collaborate with the patients they serve. that's why over 90% of the top 25 global pharmaceutical companies are turning to cognizant. our domain experts, technologists, digital and data specialists, clinicians and scientists are transforming the way clinical research sites collaborate with pharmaceutical companies, and enhancing patient engagement with innovative platforms and solutions. our population's growing healthcare needs present growing opportunities for our clients: to advance the future of medicine with digital, and improve the quality of lives. ♪ man

look out lululemon.ompetitor is in the athletic ware race and tyler is the entrepreneur behind outdoor voices, a new clothing line putting a feminine touch on the workout wardrobe. kate rogers has more. >> you can't see any sweat? >> you can't see any sweat. >> wow. >> better, faster, stronger, motivates some but doesn't work for everyone. tyler haney never quite got it. >> running over hurdles, that makes sense but realized that there was a powerful combination about being feminine and athletic. >> another thing that never worked for her, the materials in most athletic lines. >> she was meant to go to college but took a year off and attend attended parson's in new york city instead. >> while in school, i dealt with technical material, the science behind raw materials. >> from there, outdoor voices was born. she launched her business in 2013. >> the brand has the spirit, the youthful energy. being beyond without experience was helpful at the time because i'd ask and be in people's offices that probably i

. >> lululemon got a shoutout on amazon.ne of the places that could be insulated from the shift is a lululemon/victoria secret type play because of the in-store bra fitting experience. >> no benefit from that. i lie a lot of people scratch their heads. as gap stock goes down, it should be worth a bigger piece. >> how many pairs of black pants do we need? this at leisure thing is long in the tooth, in my opinion. >> at leisure bowl. >> i love it, i wear it all the time, but i don't need another pair, i have five. >> our friend here had an athletta chash mere ash here on. >> it's extended to men, internationally. it's not over. i think it's a tired theme within consumer discretionary. >> let's look at shake shack shares. results are coming out. we said how macy's ceo thinks the consumer is going out to restaurants. tim does that ring true. others, like jack, are watching to see if they can overcome their struggles. >> to the extent people are looking at where the consumer can take advantage on gas and energy, the fast food pla

. >>> new video tonight of a man who police say robbed a lululemon store in northwest. in the video, the man appears to be shopping around and then goes to the register. he handed ao announcing a robbery. he also told her he had a knife on him. the man took a cell phone and some cash and ran away. >>> a pretty tragic start to the holiday weekend in montgomery county. the driver of this van died after running off the road and hitting a power pole and a fence. it happened in poolesville. police are still trying to figure out what caused the van to run off the road. darnstown road is closed in that area. >>> right now, millions of people are heading out of town for the long holiday weekend. sort of marks the start of the busy summer travel season. lower gas prices mean more people are on the road and in the air. we have a look at how travelers are coping. >> it's definitely nice on the wallet. >> reporter: especially nice when gas prices hit an 11-year low just in time for the summer travel season. >> when you look at 89% of holiday travelers making the decision to travel

. >> consumers spent time in lululemon stores not only to buy pants, but to practice yoga there, too.nike and underarmour have apps for lifestyles and product recommendations. at rei, shoppers are also shear shareholders in the business. purchasing pays them back in the form of an annual dividend. >> athleisure. sometimes i get tripped up with made up words. that's the problem. that was courtney reagan reporting. >> south street is one of america's most famous streets and a place to be this saturday for the annual south street spring festival. michael harris is the executive director of the south street head house district. thank you for being here. do you really need to designate a festival for south street? it's a festival down there every day, right? >> it is, but once a year, we pull out all the stops. we bring all 50,000 people down to have a great day in the street. >> tell us more about what's in store. >> it's a full day of shopping, eating, and use music and entertainment all day long. we have a german may fest in the festival, a comics festival, and over 40 bands playing all

. >> lululemon. >> talking big heads, somebody getting a big head, somebody over in the south of france. where are you at, jen? >> i'm in cannes in the hole g room waiting to interview our friends justin timberlake. >> excuse me? >> hair people, i don't know if you notice, that's right, justin timberlake is waiting for me. ill obviously, there, as well, can you hear me? >> we can hear you, go ahead, girl, i'm hanging on your every word. >> okay good. this is what i want you guys to see, literally the view from where i am doing the interviews. is this insane? >> oh, just jump. >> is this just so stunning? >> wow. >> mike, you have been there. >> look that the. >> and -- there is a cruise ship out there. >> alex, earlier morning go, to my instagram. earlier this morning i jogged out there. when you look back, at what i am showing you, it is like the most magical thing. by the way those boats are right behind justin and anna, they're perfect. and remember, the goal today get a spot on the yacht. that's for me. i got to get a spot out on the yacht, right? that's where the parties really hap

kate rogers has the story of one woman taking on lululemon and nicky. >> hi, tyler. up running, biking and never liked the look or feel of traditional athletic clothes so she made her own. take a look. >> people used to be scared of working out in gray but a gray that doesn't make you sweat. >> can't see any sweat through this. >> better, faster, stronger, it motivates some but doesn't work for everyone. tyler haney never quite got it. >> while you're running over hurdles in high school track, that makes sense but realize that there was a powerful combination about being membernism and athletic that wasn't embodied in the blond. >> another thing that never worked the materials in most athletic lines. >> sick of the shiny thin black spandex. >> she was meant to go to college to hurdle but took a year off to attend parsons in new york city and. >> and while in school became obsessed with materials. >> from there outdoor voices was born. launched it out of college selling in boutiques. >> outdoor voices comes like when you're little and your mom says use your inner voic

and conflicting calls on lululemon today. we debate who got it right today.ee you in ten minutes or so. >> sounds good. see you then. >>> we are close to session highs on the dow, up 145. rick santelli has the santelli exchange. hey, rick. >> thank you, kayla. why the june 23rd exit vote? i'll tell you what. it's surprising to me that it isn't more overwhelming in one direction or another and i do think the direction i'm surprised isn't larger is the vote to leave. they say it's a close call but nobody knows for sure. things like this are different -- difficult to poll. people don't always give you the same opinion they will have right when it gets down to that last second where they have to make a decision and it is a big decision. but it is also a lot like y2k. we are preparing for kind of an unknown. we probably overcompensate and the outcome may be nothing like we expected. granted, i guess it could be worse but what is worse? what's really going on? what isn't surprising is all the issues going on in turkshe uk a going on everywhere. think about the u.s.

in 1998, along came lululemon, with premium priced yoga apparel that took to the streets.hich brings us to 2015, americans spent nearly $44 billion on so-called active wear. up 16% over 2014. meanwhile, denim sales have taken a hit, down 5% or more every year since 23013. athleisure companies, such as fabletics, have caught the wave. >> i think when we started, we realized pretty quickly we were on to something big. but it is very rare to be able to grow a business to $200 million in the space of two and a half years. >> geraldine martin-coppola is general manager of el segundo, california, fabletics. whose cofounder and inspiration is the actress kate hudson. >> i am kind of obsessed with the splatter print. >> see the leggings? they were the leg up that launched athleisure for women anyway. >> what's your best selling item? >> leggings. it's a core essential style that the company was founded on. >> shawn kearney is head of design at fabletics. >> we update it in great colors, textures, prints. >> they create whole themed wardrobes. >> what is going to be the -- it's fas

. >> i'll put on nikes and lululemons and watch this summer. probably too much information.k you, bruce. and katie nixon. go to powerlunch.cnbc.com to see another large cap stock that bruce bets on for the summer. that is powerlunch.cnbc.com. >>> consumer clearly spending less money at department stores but that money is going other places like automobiles. can auto sales keep going or does a skittish consumer and endid e indebted one mean we've hit the peak? that's next. if you're going to make a statement... make sure it's an intelligent one. ♪ the all-new audi a4, with available virtual cockpit. ♪ the call just came in. she's about to arrive. and with her, a flood of potential patients. a deluge of digital records. x-rays, mris. all on account...of penelope. but with the help of at&t, and a network that scales up and down on-demand, this hospital can be ready. giving them the agility to be flexible & reliable. because no one knows & like at&t. this clean was like - pow. everything well? it felt like i had just gone to the dentist. my teeth are glowing. they are so white.

people love nike, lululemon and banana republic, but they need to evolve it. >> man nearby, thank youer and ceo of poshmark. >>> we'll move live to paris into the investigation of the egypt air crash. find out what we know about the safety record of this plane model. that's after this. >>> a senior u.s. intelligence official says imagery indicates an explosion on egypt air. along with phil lebeau in chicago for a closer look at the safety record of this particular model, hadley we begin with you and the latest. >> hey, kelly. multiple conflicting reports from multiple confliauthorities. we heard that there was evidence that an explosion did take place. the white house coming out earlier saying it's too early to tell what exactly happened to egypt air flight 804. this is a flight that originated right here at charles de gaulle airport around 11:00 p.m., expected in cairo at 3:15 a.m. in the morning. it went off the radar between 2:30 and 2:40 a.m. local time as it was flying over the southern mediterranean. a couple things to update you on. greek authorities say debris found off the co

hand black players, coach and kors and being very selective in buying the apparel retailers like lululemonenefit from a secular trend. >> got really hit after the macy's earnings. >> coach has 5% of the sales to the u.s. wholesale and korv is about 38% of sales so there is some potential earnings per share risk in the kors story but the stock trades about ten times earnings versus tjx and we think it's more fair with kors or coach. >> if the department store chains are having troubles, what does that means in terms of inventory acquisition for tjx down the line? >> what's really showing up is the numbers. tjx posted a 7% comp. who else in retail is doing that right now, so we see retail being increasingly a tale of the haves and have knots and valuation is simply a matter of supply and demand. there are fewer companies that are really posting these solid fundamentals and investors are going to have to chase them. we think it deserves a premium and it's gaining market share and when the metric for traffic, that's a sticky metric. looking for them to post solid comps throughout the year. inv

. >> there's a call this morning merrill lynch talking about lululemon being a sell, $50 price targetple feel that a nike has to buy or under armo armour. nike has had bad luck making acquisitions, so you're really buying this thing not on a takeout basis and people are very skiddish about apparel. i disagree that the stock is going to go that low. i think it does have a real following. they don't report until june. so i think that there's not enough data points to really short the stock or sell it. and i don't want to take, you know -- i'd like to take the other side. i think lulu is a more valuable franchise than you realize. >> we are going to talk to ron johnson in a bit. a note out of citi today saying that jcp turning into hd penney won't work. >> no, you can't. you just can't. i know that tjx has home goods. and i know that -- johnson really, i would say, dismantled that portion of jc penney. so let's see -- >> dismantled all of jc penney. left it for dead. >> he is due to come on, david. could you be a little more sweet? >> no. >> fabering? are you fabering? >> i'm not going t

lululemon and under armour are two brands that are important in the athletic space and amazon would have price is less than a decision factor for both of those brands. they think tiffany is more insulated since fine jewelry is something most prefer to buy in person. blue nile, online only, hasn't done well. >> tiffany's has not done well. >> if you're looking for against amazon, perhaps a play to consider. >> stay here, courtney. >>> robert durvell, thank you for coming in today. >> if you were to add a name to the list, who would it be? >> we'll throw walmart into the list. >> against amazon? >> not that it's amazon-proof. but we think it has the financial flexibility to effectively compete longer term. i think that they've taken a longer-term perspective. the near term is an improved situation with where the low end consumer is. lower gas prices and increased wages. they've put together a pretty good three-year plan that they're executing nicely. >> is that because they have the resources to go head to head even in the e-commerce world? >> we don't expect walmart to overtake amazon. we