NokiMo
The Long Investor
The Long Investor

patreon


$PLTR TOP 20

$PLTR reported yesterday and EPS hit its target and revenue beat by +2.5%.

Yoy growth and margins were still good but there was significant lack of wow factor from this earnings.

And certainly not strong enough to justify the current valuation.

P/S is still above 100 and the FWD PE has increased to 174.

$PLTR's price right now for me is about 2-3 years ahead of where it should be.

I see no value right now adding and I suggest taking profit at this stage.

Technically there is still a move higher if the price can get above the $125 level and hold but it is high risk right now.

$PLTR TOP 20

Comments

@cap did you trim further or still holding what you had remaining?

Fin

Thanks Cap. I trimmed and took profit. I'm still a strong believer of what PLTR does - will continue to add back as the stock finds support at the waves

kf86


Related Creators