Stock Tip Tuesday…

Palantir (PLTR).

Time to buy the dip 📉

^_NEWS
Palantir stock drops, Offering Value Investors a Buying Opportunity.

Lets get you familiar.

If you haven’t heard of Palantir. It is a Artificial Intelligence Platform, which powers real-time, AI-driven decision-making in the most critical commercial and government contexts around the world. From public health to battery production and military intelligence.

Palantir gained massive notice in early February of this year when it absolutely blew the FUCK up. Growing from $16.72 to a high of about $26.46.

However, as of yesterday on May 6th the stock took about a 7% hit due to the defense tech firm reporting a weaker-than-expected guidance.

Now in my opinion Palantir is a strong stock and I believe there is an opportunity to put our balls on the line….. and buy the dip!

^{_{The Facts}}
Let me lay it out for you

Okay, so the facts are that Palantir expects second-quarter revenue to fall between $649 million to $653 million, versus the $653 million expected by LSEG (London stock exchange group). The company guided to full-year revenue between $2.68 billion and $2.69 billion, weaker than an LSEG consensus estimate of $2.71 billion. 

Personally, Palantir being lower than its guidance doesn’t bother me Because the LSEG are pussies and I……obviously know more !

On a serious note, here’s why I think it will win over time.

👉 PLTR stock is trading for $21.65 today, down over 14% from the prior close. This is well below the average price over the last three months of about $23.00. So this is an ideal opportunity to buy in to gain a lower entry price as a long-term investment.

👉Palantir displayed strong Q1 results. On may 6th its Q1 revenue was up 21% to $634 million and net income was significantly higher at $105.5 million, its largest-ever quarterly income.

CEO Alex Karp had this to say in a letter to his shareholders. Which shows the sustained growth of the company.

👉 Finally, Earlier this year, Palantir signed a $178 million contract with the U.S. Army to help develop a next-generation, ground station system for collecting and disseminating sensor data. To add to this Palantir plan on expanding further their products to more commercial industries. Which could see even further growth and expansion.

Conclusion
That’s All Folks

So I hope I convinced you on the massive upside on this bet on PLTR. Its an AI company (an area that is popping off right now) that has the ability to change industries with its tech.

Lets fucking ride. .

Thank you for reading. I personally have shares in PLTR as of late. Like usual. Not financial advice.

Full disclaimer here.

Cheers,