Advanced Micro Devices remains at the center of AI-driven growth as demand for high-performance GPUs from cloud giants continues to expand. Q2 revenue rose 19% over a year ago with gross margin climbing to 53% and operating income reaching $1.5 billion. Strong buying interest around the $135–$140 zone signals institutional accumulation while social mentions on Reddit and FinTwit jumped nearly 46% last week. Analysts eye a move above $150 toward $200 if momentum holds, fueling bullish sentiment among retail traders gearing for that breakout.
Nike has seen renewed strength driven by global wholesale and e-commerce momentum. Europe and China each contributed to a margin rebound with gross margin improving to 45.8% in the latest quarter. The brand’s DTC channel has recovered, surpassing pre-2023 digital levels. Reinforced by elevated volume and brand chatter on social feeds tied to new Jordan and Dunk releases, Nike appears well positioned heading into back-to-school, and dip sellers near $70 may find themselves outpaced if price clears $75 with strength.
PayPal caught traders off guard with steady user growth and a favorable earnings outlook. Growing active account count and fee momentum drove earnings that beat expectations earlier this year, and the stock trades at a modest 14 forward P/E after climbing 30% year-to-date. A climb above $75 triggered breakout talk among option buyers targeting the $80 strike, while retail sentiment shifted to bullish on Stocktwits. A pullback to $70 could be the optimal re-entry for swing traders eyeing momentum continuation.
Estee Lauder has enjoyed a revival thanks to strong beauty demand in Asia and resilient margin trends. Gross margin recently aligned with pre-pandemic standards while new product launches sparked interest in beauty influencers and travel retail communities. Traders have noted calls flowing into the $90–$92 strikes, suggesting confidence in a push beyond the current range. Support around $88 may offer a low-risk setup before a potential move toward $95 if macro conditions remain stable.
Each of these names carries compelling bullish signals including growth drivers, earnings beats, institutional flows, and social momentum. Support zones around $135 for AMD, $70 for Nike, $70 for PayPal, and $88 for Estee Lauder offer logical entry points. A move above key thresholds could unlock fresh upside but traders should watch volume and broader market sentiment for confirmation.
Disclaimer: This is not financial advice