Palantir Technologies (PLTR)

In the next month or two, there's going to be some correction or consolidation. Reward/risk level here is not great. Put stops on 20-30% of your position. Once we hit the corrective phase, perhaps September-October, look to re-enter. Has legs toward the $27 level around the end of 2025. Part of the AI wave.

Had a great quarter.

Was downgraded today. Shares have popped from $10 to $16. Their last quarter was the first good one they had in a while.

Major supplier of data analytics with US government.
High exposure to A.I. leading edge. 
Trading at 10x revenue which is expensive.
Looking 10-15 years down the road, will be a good business.
Risky buy, but good for tech investors.

In spite of its recent spectacular run-up you could still start a position, especially in any sort of tech sell-off, for a very good long term hold. It is a securities services company and is at the heart of the AI discussion. It is a new company and the new CEO is well experienced and capable. If you own it you could trim some after the big gain but hold on to the rest.

Not hitting new peaks like Palo Alto, but should double in 2-3 years. It is volatile, though. Take an initial position first. Has been basing for 6 months, but can reach $22.

Doesn't see it going north of $10, a decent runway. High concentration of customers, where 61% of revenue comes from the top 20 customers. Signing up new clients. The king for data analytics and AI. Controversy about stock options being used to attract talent, cashing those in puts a lid on stock price. Great company.

They cursed on the conference call. They fail to execute.