February 4, 2025

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.

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