Palantir Technologies (PLTR)

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. 

It hit a new high today, so don't reach for it here, if you don't yet own it. There will be chances to buy it lower later. If you hold it and are long, have a stop in place. $66 is a critical price point, being previous resistance. The volatility won't go away on this stock.

It doesn't fit his company and clients. PLTR is too risky. He couldn't sleep at night owning this. The trailing 195x valuation is excessive. True, this stock can continue to rise, but it wouldn't change his mind. 

Forget judging this on PE, but rather use the Rule of 40: the revenue growth rate + EBITDA margin = 40 or more, it's a winner like PLTR. It's one of the fastest growers in cybersecurity. Up 340% this year after a major breakout.

Melted up, forcing a lot of analysts to raise price targets. He's taken 2/3 of his profit; maintaining the final 1/3, and just moving the stops up underneath it. At last quarterly earnings, everything seemed to be firing on all cylinders. Doesn't look to be turning over; seems independent of hardware/software side. Really focused on data analytics.

Not totally clear what it does; some sort of AI and global surveillance. Look at stock options being granted to see how often shares are diluted. Plus, look at earnings today and future projections; any wobble could cause the stock to fall.

Is up 253% this year, better than Nvidia, and the delivered a great quarter. Gains have come from US defence contracts.

A Trump presidency will invite more computer hacks. This is the one in cybersecurity. He doesn't care about its high PE. This can go higher.

He clipped some profits. As a technician, he can easily tell when a stock's overbought or oversold. But when a stock becomes too big a position in a portfolio, that's the decision, not what the market or the company is doing. 

He expects his son to be holding this 20 years from now, as AI in this space is just becoming appreciated. However, there will be some profit-taking along the way.

Investors are viewing PLTR as one of the leaders in AI. Essentialy, the company helps other companies utilize AI in their businesses. investors theorize that, since EVERY company will likely need to use AI to stay competitive, PLTR has a multi-decade opportunity and a nice lead already.  It certainly is expensive. But we like the earning trend and momentum and the sector. We would not consider it a sell but it is going to remain volatile. 
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Easy to own tech names like this if you write covered calls, because of the volatility.

Blown through price targets. He's taken about 2/3 of his position off, still holds about a 1.5% position. Enterprise contracts have really started to flourish. His researcher in Silicon Valley tells him that PLTR really seems to be the place attracting the best talent on the data analytics side, thereby delivering enviable customized products.