417% GAIN ON AI STOCK PLTR — WINDFALL FROM MUSK’S DOGE AHEAD — NEW BUY ZONE
By Nigam Arora & Dr. Natasha Arora
PLTR stock is long from $20.15. It is trading at $104.20 in the premarket. This represents a gain of 417%.
Earnings
Palantir reported earnings significantly better than the consensus and whisper numbers.
Technicals
The stock has rocketed past resistance. The power of the move is exemplified by the fact that the stock did not stop at the psychological resistance of $100.
Valuation
PLTR is the most expensive software stock. It is trading at a trailing PE of 440 and forward PE of 172.
Windfall Ahead
PLTR is likely to experience a windfall from Musk’s DOGE.… Please click here or the title below to read more.
February 4, 2025