Not sure about the "best", Oliver, but Palantir is finally showing what it's capable of. The (consistent) positive earnings make the stock price respond favorably. Now Palantir is on the rise.
For me, there's no company currently I'm more confident in investing in. The main (and only) downside for me currently is the hefty valuation...but companies like this don't come around often and hence deserve a big multiple.
Lot of good noise regarding Palantir. Good momentum and sentiment. But truly need to grow faster top and bottom lines to even be remotely valued reasonably. I believe most see the potential and climbing aboard and moving this above FV. That said, I am one of them as I bought in low $27’s (600 shrs) recently and thus up about 10% already. Given the immense valuation I am torn between a trade (valuation) and long term investment (potential). My intuition is to sell covered calls on half the position. If there is another leg up on Monday (hopefully a good day) then I probably do cc on half the position.
I agree that at mid 20s growth rates the valuation is too high. However, markets are forward looking and I suppose they also believe that 30% CAGR is completely possible along with margins +40%. At those kind of numbers, I think the valuation becomes more reasonable. Thanks for the comment Kevin and appreciate your kind words!
I only own 600 shares around $27. On the early morning pop I sold 3 cc @ $35 for Oct at $1.53. (5% prem for 2 months). Almost closed them this afternoon given volatility. I do like long term and I do think mgmt guides conservatively.
Not sure about the "best", Oliver, but Palantir is finally showing what it's capable of. The (consistent) positive earnings make the stock price respond favorably. Now Palantir is on the rise.
For me, there's no company currently I'm more confident in investing in. The main (and only) downside for me currently is the hefty valuation...but companies like this don't come around often and hence deserve a big multiple.
Lot of good noise regarding Palantir. Good momentum and sentiment. But truly need to grow faster top and bottom lines to even be remotely valued reasonably. I believe most see the potential and climbing aboard and moving this above FV. That said, I am one of them as I bought in low $27’s (600 shrs) recently and thus up about 10% already. Given the immense valuation I am torn between a trade (valuation) and long term investment (potential). My intuition is to sell covered calls on half the position. If there is another leg up on Monday (hopefully a good day) then I probably do cc on half the position.
Good write up!
I agree that at mid 20s growth rates the valuation is too high. However, markets are forward looking and I suppose they also believe that 30% CAGR is completely possible along with margins +40%. At those kind of numbers, I think the valuation becomes more reasonable. Thanks for the comment Kevin and appreciate your kind words!
I only own 600 shares around $27. On the early morning pop I sold 3 cc @ $35 for Oct at $1.53. (5% prem for 2 months). Almost closed them this afternoon given volatility. I do like long term and I do think mgmt guides conservatively.