PLTY
$Palantir Tech(PLTR.US)Background: Palantir's AI software demand remains strong, with commercial and government contract…
$Palantir Tech(PLTR.US)
Background: Palantir's AI software demand remains strong, with commercial and government contracts expanding. But valuation still very expensive lah. Q3 earnings due tonight (2 Nov), so volatility likely high. Market expecting another strong beat and raised guidance.
My trade: Bought at an average cost of US$128.
Takeaway: Long-term bullish on AI growth, but don't chase at current valuation. Hold existing shares and consider adding only on dips, preferably after earnings. Keep some bullets for volatility.
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