The video discusses Lululemon (LULU) as a potential bounce-back play. The analyst notes that while LULU has been up 1500% all-time, it has recently declined significantly from $511 to $200. He suggests waiting for a further drop, potentially into the lower $100s, before considering an entry, anticipating a market dip in September due to possible interest rate cuts and historical trends. The analyst mentions a fair value of around $305 according to the investor app. He also notes that analysts estimate a target price of $271. Key negative factors discussed include the company's struggle with sales growth and higher tariff costs. The analyst suggests to download the investor app to follow this information.