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Buy Lululemon ahead of earnings?

Lululemon is on a tear this year.

The stock is up 29% in 2016 following a rocky end to 2015 that saw the athletic retailer finish the year in the red.

As the Canada-based company prepares to report earnings tomorrow before the bell, the question for investors is whether or not the stock still has room to run.

The "Halftime Report" experts debated if Lululemon is a buy ahead of earnings -- or if the turnaround story has already been priced in.

Trader disclosure: On June 7, 2016 the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Halftime Report" were owned by the "Halftime Report" traders:

Josh Brown: Long AAPL, CORE, DE, DNKN, GE,LNKD, SAM, SHAK, TWTR, XLE

Pete Najarian: Long AAPL, BAC, BMY, CSCO, DIS,DISCA, GE, KMI, KMI.A, KO, LUX, MRK, PEP, PFE, SAVE, VIAB, ZIOP Long Calls:AAL, ABBV, AKS, AMJ, BAC, C, CSCO, CSX, DAL, EGO, EWZ, GLW, GS, GSAT, HBAN,KGC, LLY, M, MDLZ, MSFT, MT, MU, NLNK, P, POT, SLV, SVU, TMUS, UAL, X, YHOOLong Puts: BID, FCX, GM, NAV, SCTY, VLO

Sarat Sethi: Long AA, AAL, AAPL, ACN, BWA, CSCO,DAL, DGI, DLPH, F, FB, GE, GM, GOOG, HAR, HON, INTC, JWN, LB, M, MSFT, NVDA,QCOM, SJM, UAL, V, WFM, XPO, YHOO, YUM

Steve Weiss: Long AAL, AGN, ATVI, BAC, CVC,ENDP, HZNP, NGL, SRPT, VXX