Palantir Technologies (PLTR)

Becoming a champion for individual companies owning their own data and being able to use the models themselves. Anthropic and OpenAI embedding themselves into ecosystems is like letting the fox into the henhouse. PLTR protects against that. 

August 3 results showed 93% YOY growth, commercial up 150%. Best-in-class growth, strong profitability. Expensive stock, but operationalizing AI in a massive way. No dividend.

Popular name, mentioned a lot in media. Stock moves around quite a bit, volatile. Popped above 200-day MA on earnings results. Yet 200-day MA still trending lower. Valuation of ~90x forward PE, with high growth rate. But if anything goes bump in the night here, the stock will be in trouble.

Look for better risk/reward parameters. See his Top Picks.

They delivered solid earnings and there was massive short covering. PLTR is the GOAT of AI software companies. It's still an expensive stock, but is being re-rated.

Price target in 12 months of $182.25, long runway. Government side is massive, so fully integrated into so many defense systems around the world. Needs to strengthen enterprise side. CEO's abruptness turns people off in the way Elon Musk does. Definitely buy some here, more ~$115, and the rest ~$105.

The PE remains too high. Wait for a lower one. Inflation is the biggest risk to high-PE stocks, and Palantir is the poster child of that.

It intrigues him. The PE is very high, but they are embedding themselves as a key supplier to many companies and the US government. This gives them pricing power. He doesn't own yet because of that PE.

Sentiment changed on this, falling. She sold a lot of shares on the way down. She loves what they do--they are the ultimate, original AI software company. They are executing. Is happy to hold the rest of her holding.

Is expensive. Problem is they depend on government contracts, and they're opaque, lacking clarity in their reports. Great technology. Maybe buy it cheaper.

Executing well. Increasingly employing AI in day-to-day operations. Growing use in government/defense plus strong adoption by commercial customers.

Proving it can turn demand into profit and cashflow. Revenue grew an exceptional 85% last quarter. Valuation remains her biggest concern (roughly 40x next year's sales), leaving little room for disappointment/error. Be cautious.

Let it run. The stock got ahead of itself and is expensive, but if you took shares off the table, hold onto the rest.

The only software name he owns. Beaten down because it's put in the software bucket, plus relatively expensive compared to peers. Sometimes you have to pay up for a best-in-class asset. Last quarter's numbers blew it out of the water. Growing 80% YOY, very profitable. 

Accelerating commercial revenue on top of government contracts. Helping companies adopt AI.

Since September, it's been in a downtrend. Maybe the chart is basing, maybe. Wants to see a breakout first.