The Long Investor
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$PLTR TOP 20
🕑 Added 2025-05-06 10:57:40 +0000 UTC$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.
Comments
Fin
@cap did you trim further or still holding what you had remaining?
kf86
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
