Palantir Technologies (PLTR)

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. 

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.

Stay away right now, stock's gone parabolic. Software services for US defense. Aligned with Trump allies, more defense spending, unique capabilities. Secretive on exactly what it does. Can't really sell its product globally.

Doesn't own high-PE tech names like this, and shares have run up so much. Maybe wait for a pull back to $90-100 to enter. In this case, he'd sell a put: sell the May $100 put for $8.85; this will generate nearly 9% over 3 months if the stock doesn't drop more than 12%. Can't recommend this. Then again, you can make money if this stock doesn't rise above current levels.

Great business. Recent results beat, high growth rates. Problem is how much you're paying for that. It's not that it's impossible for it to deliver the solid growth that would justify its valuation, now over 160x PE, but improbable.

Exciting, momentum stock. Trades ~60x revenue. Not the type of stock his firm would put clients in. Incredible success, but momentum is a behavioural aspect. It aligns with the "greater fool" theory. You buy it, hoping there's someone who will pay you a higher price for it -- a dangerous strategy.

It's a good and cutting-edge company, but priced for success way out in the future.

It reports Monday. Its volatile and outspoken CEO is messianic to its retail base. He targets $100, as shares have momentum now. PLTR is one of a handful of defense contractors; the defence department gaves WAY too much business to this handful.

His 12-month price target is $81, and today it's ~$79. Pretty evenly priced. If you own it, write some calls (2 week, not 1 week) against it, as analysts have price targets between $80-84 and there will be some resistance up there as people take profits.

King of data analytics. Total addressable market has exploded. If there was a correction, he'd buy in thirds at $76, $72, and $68.

Large spotlight on the company, which has created massive valuation run-up. However, believes company has enormous opportunity. Government demand for data analysis within the military very strong. Eventually the innovation within the military will eventually pass to the public - which will increase revenues. Is a good investment for the long term. 

It's a meme stock that will hit $100. Buy on weakness.

Up 309% in the past year, but -2.51% today. It keeps falling and needs to keep falling to shake out the frothy money. FOMO was at work here.

Loves the company, but is valuation is full. A great CEO. He reckons the PE is a very high 100x and he doesn't know if the company cam growth into that PE.  They offer a great product, but the stock is not for him.

Shares have jumped nearly 50% since the election, which you can't dismiss, but you can't justify its PE now. That won't stop shares from climbing higher though, because PLTR is tight with Trump. According to a Palantir report last October, there used to be 51 defence contractors, but after merging there are now only five major companies. Rather than innovative, these companies are gaming government contracts. Trump appointed Elon Musk to the new Efficency Dept. and Musk is tight with the PLTR co-founder who is also a big Trump donor. There's talk of radically changing the Pentagon's procurement process, which could stir serious problems with defence contractors. This may be why defense stocks have fallen since the election. Then, Musk openly criticized Lockheed Martin, which stirred these fears. For pure defense stocks, wait and see. This sector is untouchable. 

Institutions are buying this and Tesla based on momentum--and are likely going higher--but investors shouldn't because they're ridiculously expensive on traditional metrics. Morgan Stanley sees a negative risk/reward on Palantir. It acts like a cult stock like Gamestop, but unlike that, PLTR boasts real growth with many contracts. The sell calls are way too early.  This is only a buy, if you can sell it into strength.