Stock Opportunity: LULULEMON & AVGO EARNINGS

LULU
just reported earnings of $2.53B vs $2.54B est

They did beat on the EPS side $3.10 vs $2.85

Lululemon is now the second cheapest its ever been in its history on a PE basis. Behind the GFC crisis in 2008.

They have slashed their guidance and profit forecasts...which seem to be the final shakeout.

Lulu filled a massive weekly technical gap going back to Covid.

AVGO
reported earnings: Rev $15.95B vs $15.83B

EPS $1.69 vs $1.54

This institutional semiconductor stock is crushing Vol and staying flat-ish in afterhours.

We took a position in Lulu.