IF International
06-05
$Palantir Technologies Inc.(PLTR)$  

To be sure the stock looks to be overbought, but this has been the situation since mid 2024.

Local demand along with current political / conflict situations in the Middle East and Eastern Europe have so far outweighed this warning sign, bolstering product demand and stock value.

When a true correction occurs is anybody's guess and highly dependent on multiple technical, political and global factors. 

This makes the stock an attractive trade-play, but an uncertainty in the long term, perhaps justifying #ARK's strategy.

Modified in.06-07
If You Missed Nvidia, Are You Still Missing Palantir?
Lately, there has been a steady stream of news about Palantir executives selling shares. According to recent SEC filings, Palantir board member Eric H. Woersching executed stock sales totaling approximately $2.2 million. However, the market appears to be ignoring this news. Amid the recent rebound, Palantir set new highs again to $140. Priced same as Nvidia, what's your pick? Nvidia or Palantir: Who has more upside potential? Would you continue holding Palantir? Aside from valuation, is Palantir the perfect investment choice?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Tiger_comments
    06-05
    Tiger_comments
    Definitely overbought. Just hard to predict when to collapse. Palantir is crazy right now[Smile]
  • Venus Reade
    06-07
    Venus Reade
    PLTR is a brilliant company with major tailwinds ahead!
  • Mortimer Arthur
    06-07
    Mortimer Arthur
    give it a day or two, the stock will go back to 130s

  • Marialina
    06-05
    Marialina
    Great insights! Always enjoy your perspective! [Heart]
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