I'm Buying Palantir Stock (PLTR) After Earnings (Here’s Why)
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- Опубліковано 11 вер 2024
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While #palantir ( #pltr stock ) is one of the most powerful AI companies on Earth alongside #nvidia ( #nvda stock ) and Microsoft ( #msft stock ), Palantir holds a special place in the AI market. They're able to bring generative AI applications like #chatgpt by #openai to governments and huge enterprises. But with Palantir stock up by over 30% since their Q2 2024 earnings call, there's only one question left to ask: is this the top for Palantir? Or is PLTR stock still one of the best stocks to buy now?
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😊😊😊😊😊😊😊😊😊😊😊😊😊
I'm still holding the 100 shares that I bought on 12/21/22 for $6.09. Added 45 shares last Monday morning at $22.63/share. Those shares have been added to the 1,000s of shares I have at a $10.27 dca. Not selling nothing ;-)
Thanks. We were all waiting to see what you were going to do.
@@garrydye2394brilliant.
I sold 5000 shares at 128. So hard to reallocate with so much froth. I will wait in BRKB and follow TLT till October.
Not selling "anything" is correct!
@@user-km6lc8wq9cThat double negative gotcha I guess...
I opened my PLTR position at $21 and $23 💪
Got it at $8 for 500 shares about 2 yrs ago.
How did you discover them? Word of mouth?
@@chamchamrabanes1252 I bought a few back then as well.. govt contracts and ai sold me.
I’m so glad I established my position in the $6-$9 range.
Now I’m set to just watch and see my net worth go 📈
How much did you buy?
@@biplav32 5k shares
Kudos, not only to the depth, but the increase in quality of your videos, Alex. Funny how opposite yet useful yours and Tom Nash videos are
Tom Nash is very entertaining and he's prolly a decent earning analyst too. Alex knows the technology better, IMO, than Nash.
4,500 shares and holding for the next 5 writing covered calls along the way. love the stock market.
Wow smart I only have 200. Had calls but sold them. Time to get more shares
Good job👏🏿
Price-Earnings ratio : 176.63 is crazy
rule of 40 is all that matters
PE ratio is irrelevant in valuing a n early stage growth company
That's what spooked me and fled 😅😂. Overvalued 😅
Welcome back 🥳👌
Great to see you cover PLTR again
I bought 1 stock 😊
Didn’t Microsoft just partner with Palantir ? You may want to move them up that list a bit higher
Am I missing something? Wasn't that what this video was all about?
I remember when everyone said to not buy the dip at $6. I’m so glad I didn’t listen. 😎🚀🍆
Never follow a panic market
Buying PLTR now is what rookie investors do. Wait until it dips. Because it will. You should have bought PLTR 2 years ago when it was hovering around 8 bucks a share. I had no clue who they were or what they did back then i literally just trusted another ytber and went scaling in little by little. Luckily and i do mean luckily that person was Tom Nash. I got in around 9 and some change and never looked back. I dont swing trade this stock this is a long term hold. So if you are looking to scale into PLTR. Be careful and dont rush into it now AFTER earnings. This will cost you in the short term as your cost average is going to be high and you will lose money when it dips. BUUUUTTT if you do go into it at this level, make sure you hold and dont touch this stock for the next 5 years MINIMUM. Gl peoples be smart
You're right. This guy is good, but it would be nice if these stock advisors would give the heads up before the spike.
Tom Nash is the best💯
Maybe phase in over time?
Who cares if he's long it doensn't really matter buying at 30 or 28
Buying a stock you never heard of and don't know what they do is an even bigger rookie mistake...
PLTR should be as big as SalesForce in a few years
Good man Alex I was in Pltr a long time ago and watched them sink and sink and finally dumped my whole position . I started to appreciate the company again when you covered them in such depth when you recognized your error about boot camps I bought back in at $21 which was hard to admit I had completely let my emotions make the decisions for me. This time I was buying right up to close of the market on earnings day and I’m glad I did thanks for educating us on what they do
. It’s easy to hold through all the negative msm bs. Now I just buy the dip and wait for pltr to go up and up .
Cheers 🍻👍
Wait till the vix spikes up again to get a way better entry here🎉
Yes it will ..... should be a great buying opportunity to buy for first time or to add !
Big problems in Japan will be bled off.
whats a good entry price?
@@thecookingshorts Very low 20's, but it will be hard. The name has gone mainstream now. Good luck.
@@thecookingshorts Now! They are in the most elite club on the planet. And when all of the gals see you dancing with the prettiest girl at the ball….your dance card fills up fast.
SAME THINKING! I LOADING UP MOR ON BLOODY MONDAY!!~~
A Financial Planner told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. How can take advantage of compound interest and potentially grow your retirement savings overtime?
Hey Alex, great video to enlighten us Investors that don't understand the hi tech
market like you do. Helps me out a lot, and I promote your channel to friends.( Canada)
I have 176 shares back and forth about buying more. I generally invest in ETF's (VOO, SCHD, and QQQm) but I have positions in Tesla, Vertex, and Palantir. Going to buy more of either Palantir or Tesla.
Dark money resistance At $30 - but new msft deal - hopefully it breaks through - thanks for the video
I agree there IS resistance at 30 and it tested that resistance Friday.
However it isn't "dark money resistence" it's normal reistance.
And Alex advocates LONG term buying, not just day trading, so he, or anyone else keeps a buy order at say 25.10 that would be great.
A message that says we support a stock doesn't mean to buy it at near all time highs, and when it is at the top of it's Bollinger band. It means to get ready to strike
It broke through resistance and retested. A lot of that was due to all the call options that expired friday. Market makers didn’t want those $30 calls to expire in the money
@@jasoncortez1238 correct, it was way up, because of filling shorts, not because of "dark money resistance"
She just heard a fancy term from a paranoid conspiracy theorist
welcome back!
Thanks! Good to be back!
They need to beef up staffing to get bigger faster. 33,000 NVDA vs 3,400 PLTR
I love people who now buy @ 30 when I bought @ 8 and my portfolio loves you too! ❤
Thanks for your videos
Glad you like them!
@@TickerSymbolYOU Great content, thank you for keeping us well informed.
Great research go palantir,sofi,nio,tesla
All in on PLTR?
Yes definitely
Thank you, Alex, for the detailed explanation of Palantir’s business and its pivotal role in the AI revolution. Your insights into the metric Rule of 40 were incredibly interesting and enlightening.😅👌
Glad it was helpful!
Awesome shirt btw. Great video
Amazing content. Thank you
Thanks Alex for your great analysis specially in future projection which is a difficult thing
Glad it was helpful!
Pe actuall decreased after earnings from 230ish to 170ish. if macro conditions improve maybe we will see 35 in the short term. sell and buy back in after a dip.
Yes mate, buy the highs! 😅
Palantir is good company . I will buy it. Thank you for yours video.
This video has a great element of excitement with your explanation on how Palantir’s commercial and government business has grown significantly. Ching Ching 💰
Thanks Alex. Great video with well thought out points. Your videos are a joy to watch due to the concise nature and high level information you provide. Your analysis is refreshing as always
I appreciate that!
Held soooo much from 2019 thru now because of their model. So glad people are opening up to it. Lfg
Congrats on those diamond hands!
Palantir does it all!
Relax bro
I'm holding 7,300 shares at $15.95 average. I'm going to start allocating a monthly amount and average up. This will be a behemoth.
🔥
Thanks for the breakdown, $PLTR is a no brainer long term play.
Long time Palantir Holder, since I live close to Denver. XTI (XTIA) day is coming.
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
I've been buying weekly since February. I think they have enough upside potential to dollar cost average in for a few years until I reach my target holding.
Microsoft is a set it and forget it stock. Their business model is solid, and has been for some time.
Im gonna study more about palantir.. you got my attention about it..
Sold 1000 shares from $7 avg., made some $$$. Still holding 500ish for the longterm, considering adding on dips only. This would be equivalent to a TSLA 5+ year hold when they finally breached profitability and rocketed. JMPO
Inflation is measured by the average percentage increase in daily purchase prices and is estimated by the retail index RPI. Therefore, any investment must grow at a rate equal to inflation.
Great video! Would you trade Nvidia stocks for Palantir stocks?
Great video. Thnx for the rule of 40 explanation
Glad it was helpful!
16k shares @ $12.25 cost basis. As always, "I should have bought more!" Oh well.
@miken5261 bruh I've only got 230 shares @23 I NEED MORE SHARES granted I work a shit 9-5 and have only started investing 8 months ago
Thank you for sharing
I remember your Palantir presentation from two years ago. The stock was down but there was something about new govt contracts so I though it was a buy especially since the market was down on it and Kathy Wood had heavily reduced her position.
Great video as usual, you should do one for ticker IOT as well
Great video Alex!
Another outstanding video! Your coverage of technology, especially in AI development and investments, is unparalleled. I never miss your presentations; they are my primary source of information and updates for my investments. Thank you for your dedication to providing excellent content.
Glad you enjoyed it!
Buy more. Got it.
67 billion valuation for 2.5 billion revenue growing at maybe 20 percent per year. I don't know. It's so hard to want to buy this one as it doesn't seem like a hyperscaler and is already a hype company.
"Doesn't seem like a hyperscaler" as it literally hyperscales🤦🏿♂️🤦♂️🤦
@@phillipperkins5476 You and I have a very different view of what hyperscaling is and what that looks like economically. MSFT and GOOG are hyperscalers and it shows in the revenue growth. NVDA AI chips are hyperscaling. PLTR is growing at at about 20 percent a year give or take on a small basis of about 2.5 billion. That is not hyperscaling. Their product has nowhere near the broad appeal of an operating system or smart phone or an EV. They just have a very dedicated community hyping them up like yourself based on 15 to 20 percent yearly growth with relatively low margins. I literally never hear anyone discuss their product in terms of what it does exactly or why it will be able to hyperscale over competitors. You need to better learn what hyperscaling revenues and profits look like because PLTR ain't it.
Is $29 per share higher price to buy for long term?
It's one of the highest prices it's ever been, so in the short term this is a high price.
But then again, if you intend to hold for the long term when the stock price might be $100 or even $1.000, then does it really matter wether you bought at $29?
The point is, if you buy in at this high, you better be able to stumach red numbers without selling over some amount of time before you'll eventually see the stock reach a price you are happy with.
Does that make sense?
Palantir has been building and perfecting AI software for the past 20 years since before AI was even known about. They were building this software back when NVidia was just a graphics card maker for gamers. GeForce brother! This is the only true AI play that actually uses AI successfully right now as we speak.
I’m probably sure you have heard this a million times. Do you have provide any one on one training or webinars where you teach your strategies or provide beginners with knowledge on how to trade the way you do. Thanks
Thank you!
What about AVGO, this is another big AI player after Nvidia, will you not add to your portfolio?
So what would you recommend on portfolio size for QQQ as your foundation stock? And is there a reason why META is not on your list?
This is a generational company
Generational AI
When might they be included in the S&P 500 and how much would the share price be affected?
How do you think about its high SBC, does the dilution faster than revenue growth?
I love pltr and I buy and sell since they where around 10-12dollars. But my major concern is valuation. Sure it got growth potential and AI play they are big what troubles me is 1. Does this stock already priced the future growth if so how far they priced into the future. 2. ai very big like IT boom in late 90s but it got crashed and many companies not survived. So does this fall into this category even if it is not does it drop on that eventual drop. Anyway my bet is on nvidia amd and Marvell. AI technology and its benefits might show up down the line in maybe few years but these chip stocks are already well positioned to capture it and already their technology is included in the hardware.
@The_Viking970 they have 4 billion in cash and no debt. In any type of market crash palantir will be the type of company to handle it best. I do agree that the valuation is way too high. There is no margin for error here. Hoping it pulls back to low 20s which may never happen
@@boloskk7785 salesforce or crm ytd growth is around 50% and they hold strong cash position than pltr but pltr is already up 80%. I see either stock price go around sideways till rest catch up or it will re test below $20. A single negative news or an issue can drop the price like a rock. I hope it never happens.
just dipped my toes into the market with $8000 Roth IRA contribution , i am 64 yo , bought around 20 shares of Voo ... safe but would listen and take a bigger risk , is PLTR the way to go ?
Thank you ❤
Thanks for continuing updates and for keeping us financially Educated! Regardless of how bad it gets on the economy, I'd rather trade the crypto market as it's more profitable than holding. I made a Hundred thousand dollars from trading last year even though I barely trade myself.
Next nvidia...KEEP DREAMING
I was like why does it say ticker symbol you, i kept waiting for him to actually talk about you the company under ticker you. Lol
Based on leader ship and company talent how do you think PLTR will do competing against other major AI players that look to come into the ontology space in the long term? Could they become the next mag 7 company or get beat out by a current one? (I understand it’s a very tough question but I am curious about your thoughts)
…thanks for everything that you do!
08.10.24 I do not understand why the media and so many investment writers put Palantir down. You've earned my trust @ticker symbol YOU 👏 - the research, analysis and information about the companies you support are beyond excellent. Thank you👏
We locked in ! Diamond hands
Love the video. Thanks for updates.
TSU: I think it's time to make another video about PATH. It has been under performing for perhaps two or more years. I see it's still in your portfolio,as well as mine. What's are your thoughts?
Hi, I’m a 19 years old uni student and I’m interested in starting my investing journey soon. I’ve done some research and I’m keen on investing in tech-related stocks, which led me to this video. My plan is to focus on four stocks initially, and then gradually add more as I progress. I’ll definitely be putting Palantir on my list, so I might need three more. From the list of stocks shown in this video, which three would be the safest and most profitable to invest in? Thanks!
@@coslo4061 Same exact life situation as you, I’m in nvidia, Broadcom, AMD, and a bit of Snowflake and Palantir. Would recommend doing some research on these.
@@coslo4061 Invidia ,Apple and Palo Alto Networks
I am rookie.... I bought this yesterday in $30
Thanks!
Thank YOU!
It's tough making money in stocks these days when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best AI stocks to buy now or put on a watchlist?
You should have been buying the selloff before earnings. If you actually knew the company and their product, you would have.
Honestly your the most honest and humble trader on UA-cam!!
Okay
The fair value is only around $19 not sure if this is the time to buy PLTR
That depends entirely on wether you're trying to trade this or invest in it.
Are their reporting practices more open now? I sold because they would not disclose important details in reports.
What about DNA? your next Amazon???
PLTR P/E ratio 179.42
Schwab gives it a Sell recommendation.
its a little too late should've bought when it was below $15, the writing was on the wall after Nvidia was doing so well, after hardware goes up, then up goes software
Just imagine Tesla by 2030 with their humanoid robots. If you were surprised by how much Nvidia grew these past years, just sit and watch Tesla.
There's a recent Texas Paul video that mentioned that a Palantir founder is involved with X and X has also hired sons of Russian oligarch to work on X. i think this could be problematic with Palantir maintaining its security clearances. Have you come across information on this subject ?
Love your detailed videos. Thank you!
Glad you like them!
Maybe you can comment on PLTR having a PE Ratio north of 170, whereas Microsoft is around 34 and GOOG is around 23. NVDA is PE ration 63.
Commented on it in the video, where I talk about their Rule of 40 score and why PE isn’t the right metric for this company
Thanks Alex... You've provided a tremendous amount of value since I started watching your videos. I started buying PLTR around $10.60, I finally sold ADI and (F)ord, last night I ditched AT&T, Disney, Walgreens, Nike and SWA for a value swap!
Pump it up this week. I have some $32 calls that expire friday. If we can get to $35 i’ll have over $20k
was it fun kissing your money goodgye?
long term almost all of us love it. But 32 and 35 is ridiculous.
@@hrhamada1982 i sold half over 100% profit so even if the rest expire worthless i made money. Before that i had bought $28 puts when it first hit the 52 week high before earnings and closed then before earnings also. made money both ways.
@@hrhamada1982 i bought the $32 calls for .14 and knew it was a lotto play but luckily closed half at .31.
@@hrhamada1982 i was up more than 100% so i dumped half my position and made the rest free.
My time is valuable
But how can you compare Palantir to Nvidia? One is an AI software and the other is a hardware. Also Palantir is pretty much a vertical company. Nvidia is not.
Thanks for your information.
I may start off with PLTR soon. I’m not buying it on your word only.