Nike at a 12-Year Low or Lululemon at an 8-Year Low? Here's the Better Turnaround Stock for Deep Value Investors to Buy in July.

Both Nike and Lululemon are struggling with sales pressures and leadership changes, but Nike emerges as the better turnaround opportunity for value investors. Nike shows early recovery signs with flat year-over-year sales and strong brand power, while offering a 3.9% dividend yield. Lululemon trades at a cheaper valuation (P/E of 9 vs Nike's 28) but faces greater uncertainty with interim leadership and a new CEO starting in September.