Gordon Reid Palantir Technologies PLTR-Q SELL Feb 03, 2025

Down 10.5% today, but still up 10% for February, down because it's had a parabolic move. It needs big contracts to re-set the narrative.

Budget cuts at the Pentagon and their chief accountant quitting were headwings. Also, shares were parabolic and became expensive.

Rolled over after Trump said defense was ripe for cost-cutting. You could pick it up here around $91, but probably won't go under $80. The place to go for data analytics. 

Look at the chart. The CEO went on TV and shot himself in the head; his comments spooked the market, feeling that the CEO is a loose canon. In terms of PR, Palantir is in the penalty box for a while.

Don't get in front of this side on the short side. Meme traders push this up in the morning before the market opens.

He's cautious. Fast-growing software name in the fast-growing business intelligence space. Probably one of the most expensive names out there in its universe, as it's seeing huge inroads with government and industry. 

Half its business is government, and that's slowing outside the US due to moves by the US administration. Europe, for example, has been highly reliant on the US for defense. That's changing, as they try to repatriate a lot of those services.

Previous high flyer, down 33% from recent highs. High beta and stretched valuation. 152x (yes, that's right) forward PE for 31% growth. Attracts a certain aura given that it's in AI and defense with inelastic demand.

Defence shouldn't be working, given the pullback from Ukraine, but maybe we are building up as tensions rise with China. Prefers PLTR in this space, perhaps the #1 meme stock with a CEO who whips people into a frenzy.

King of the hill in data analytics solutions, especially in AI agents. Likes it for trading options around. On Monday and Tuesday, he sold some puts tiered just under the strike price. He's looking to pick it up at a good price. If it does go lower, you can sell some calls on top of it. 

Has enough volatility that you can trade it. It is investable, too, but in the Trump era you need a stronger stomach.

Quite the high flyer. Valuation of 177x forward PE keeps him at bay. EPS forecast growth rate ~31%. Priced for perfection. Decent numbers at last report, guided higher, yet shares fell -- sign that investors are looking for results beyond perfection. Near all-time highs. Heavy reliance on large government contracts.