Broadcom, Lululemon, Dell, Snowflake and Alphabet draw retail attention
Retail investors focused on Broadcom, Lululemon, Dell, Snowflake and Alphabet this week, with Broadcom and Dell drawing attention after earnings and Alphabet after a court ruling and AI product launches.
Retail investors talked up five hot stocks during the week (Aug.
31 to Sept.
4) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate news flow.
Broadcom Inc. (NASDAQ: AVGO ), Lululemon Athletica Inc. (NASDAQ: LULU ), Dell Technologies Inc. (NYSE: DELL ), Snowflake Inc. (NYSE: SNOW ), and Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ), spanning semiconductor, apparel, hardware, cloud, AI, software, and data centers, reflected strong retail interest.
Broadcom AVGO launched multiple VMware-related products, including Private AI Cloud, AI Factory, AI model support in Cloud Foundation, AI-ready data tools in Tanzu, AgentMinder for AI agent governance, and security enhancements this week.
On Sept.
2, it reported strong third-quarter results with revenue of $29.6 billion, up 86% year-over-year, beating estimates; AI semiconductor sales of $16.7 billion, up 221% YoY, and adjusted EPS of $3.32, also a beat.
However, the fourth-quarter revenue guidance of about $34.8 billion came in slightly below some Wall Street expectations, pressuring the stock despite CEO Hock Tan highlighting continued strong custom AI accelerator demand and long-term AI revenue targets of ~$115 billion in FY2027 and $230 billion in FY2028.
Retail investors had a mixed reaction to AVGO’s earnings, with some expecting the stock to gain while others betting against it.
Source: Reddit The stock has traded in a 52-week range of $289.96 to $495.00, trading around $356 to $362 per share, as of the publication of this article.
It advanced by 18.11% over the year and 13.8% in the last six months.
The stock was up 3.2% year-to-date.
According to Edge Stock Rankings, AVGO was maintaining a weak price trend over the short, medium, and long terms, with a solid quality score.
Lululemon Athletica LULU reported weak second-quarter fiscal 2026 results on Sept.
3, with revenue falling 4% to $2.42 billion, missing estimates, and comparable sales down 9%, driven by an 8% drop in the Americas and softer China trends.
Its diluted EPS came in at $2.92, aided by tariff refunds, but the company cut full-year guidance for a second time to revenue of $10.35—$10.5 billion, down 5—7%, and EPS of $9.48—$9.73, plus a weak third-quarter outlook, citing social-media negativity and core-category slowdowns.
Some retail traders were mocking LULU’s decline, comparing its stock price to the price of the leggings it sells.
Source: Reddit The stock had a 52-week range of $104.44 to $225.98, trading around $97 to $122 per share, as of the publication of this article.
It declined by 38.66% over the year and fell 30.13% in the last six months.
The stock was down 41.40% YTD.
Edge Stock Rankings showed that LULU had a weak price trend in the short, long, and medium terms, with a solid growth score.
Dell Technologies DELL delivered blowout second-quarter fiscal 2027 results on Sept.
1, posting record revenue of about $47 billion, up 58% year-over-year, beating estimates, and non-GAAP EPS of $7.04, up 203%, a major beat, fueled by AI-optimized server revenue of $16.4 billion, a record $60.9 billion in AI server orders, and a $95 billion backlog.
The company sharply raised full-year guidance to $192 billion in revenue, up from ~$167 billion, and $25.50 non-GAAP EPS, with a strong third-quarter outlook as well.
A few retail investors were hoping for DELL to trade above the level of $530 apiece, which would be above its 52-week high.
Source: Reddit The stock had a 52-week range of $110.22 to $530.78, trading around $515 to $521 per share, as of the publication of this article.
It rose by 316.38% over the year and 255.69% in the last six months.
The stock was up 310.22% YTD.
DELL maintains a strong price trend over the long, medium, and short terms, with a poor value score, as per Edge Stock Rankings.
Snowflake SNOW reported strong second-quarter fiscal 2027 results on Sept.
2, with total revenue of $1.55 billion, up 35% YoY, beating estimates, and product revenue of $1.49 billion, up 37%, marking a third straight quarter of acceleration; adjusted EPS of $0.62, well above the $0.45 consensus, and remaining performance obligations of $9 billion, up 30%.
Meanwhile, its AI offerings like CoCo with over 9,100 accounts and CoWork with over 5,800 accounts drove roughly half the growth acceleration, prompting the company to raise full-year product revenue guidance to $6.07 billion from $5.84 billion and lifting shares more than 20%.
Short-selling retail investors were blaming SNOW’s up move for killing their gains, which would have let them purchase put options on other stocks.
Source: Reddit The stock had a 52-week range of $118.30 to $384.55, trading around $355 to $358 per share, as of the publication of this article.
It rose by 55.44% over the year, rose 115.01% over the last six months, and is higher by 62.5% YTD.
According to Edge Stock Rankings, SNOW was maintaining a strong price trend over the long, short, and medium terms.