I'm Buying Palantir Stock (PLTR) After Earnings (Here's Why)

#palantir ( #pltr stock ) is one of the most powerful AI companies in the world alongside #nvidia ( #nvda stock ) and Microsoft ( #msft stock ) because they make some of the most powerful AI platforms in the world -- even more powerful than #chatgpt by #openai . But with Palantir stock crashing by over 15% since their Q1 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?

» Palantir (PLTR Stock) Valuation:

Resources & References:

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[TickerSymbolYOU]

No sponsors, no links. Just setting the record straight on Palantir stock.

[VansusVie]

I don’t know how but you’ve managed to package an unbiased analysis. Stocks have stayed aloft as signs of cooler inflation I believe the Fed is finally done with raising rates, that means “Santa has come early” to the markets. What are the best additions to a $500K portfolio to boost performance?

[Goham]

PLTR will keep reinventing itself because they are in the innovation via data business

[addy_mha]

I think the partnership with oracle is a big game changer Alex once they adapt to it a lot of the companies will use PLTR in my opinion. It will grow fast than we think.

[bmrbca]

Very balanced review. Most people don't understand this point. PLTR is not an AI s/w company. They provide an interface to use LLMs. Big difference.

[milosure]

Buying the dip on PLTR and Tesla and hold for a 5 plus year horizon.

[hildredscali]

Do you think it has better prospects than Tesla? Is it a good beginner's choice? Is it advisable for somebody who wants to start investing in stocks for not so long term gains to start with it now?

[tncloyalsaint]

from hater to follower palantir will dominate long market

[chicagollama]

Agree 100%… my estimate gives PLTR a $23-$24 fair market value

[LinaLeyda]

05.22.24 I came across one of your recent videos and became an instant fan and subscriber. Thank you for the details and very well done presentations. My best to you!

[HarleyGuru]

You make the complicated understandable.
Thank you Alex.
Best,
Stuart

[billcarney]

I think that this analyst's opinion is very valuable, just like Jim Cramer's, in that if you listen to their stock price predictions and then do the
EXACT OPPOSITE (just like George Costanza did on Seinfeld) you will be GOLDEN!

[ronmatthews]

The Palantir staff stock compensation is crazy high.

[dizzy-project-rend]

I think people are overlooking the aip now announcement. They haven't played it up as much as they could but it sounds like it's making foundry accessible to anyone who wants to use it.

[timtorkelson]

When extra ching is available, been grabbing PLTR & NVIDIA!! Both will put a smile on my face in 7-10 yrs. 🤑

[eth]

The problem with Palantir is that their clients come from various industries and have differing requirements. It's challenging to train a model when the business requirements are wide-ranging. Ideally, you would want to identify companies with a more focused clientele. For example, Salesforce primarily handles sales data, which allows them to develop a model for a single use case. In contrast, Palantir operates more like a consulting business than a SaaS business. They can build custom solutions for each customer but are unable to develop a one-size-fits-all solution for most customers.

Additionally, if you want to make money with AI stocks, most of the profits are currently being made by semis and cloud providers because there's a race to build SOTA models. The application layer will follow, but it is at least two to three years away. Thus, your money can earn a higher return if you invest in companies like Nvidia, Amazon, Google, and Microsoft. You might also consider exploring data center equipment plays such as Vertiv and Arista Networks, which could yield better returns in this AI infrastructure upgrade cycle.

[kingghidorah]

Takes a big man to admit you got it wrong and dig back into the details
First with Tom and now here again with this one

[monsoe]

I’ve been in PLTR f or a little while now.
Got 800+ shares @around $8
Selling 8 covered calls @ $40 for Jan/25
I’ve got about 30% of the premium in about a month.

If I buy them back tho… I don’t think the stock will move much either way until next earnings. So I’m also cool just riding this premium down for another month.

[keepwalking]

That idiot did raise his target from $5 to for your hard work

[WhoHiredYou]

You’re correct. AIP bootcamps for commercial customers is up significantly to increase conversion of, and adoption, by commercial customers. AIP for the regular customers quietly launched recently.