$Palantir Technologies Inc.(PLTR)$
At $80, Palantir looks overextended after a strong rally. Its high valuation raises concerns, with a forward P/E exceeding growth expectations. Profit-taking seems reasonable as momentum could cool off, especially if broader market sentiment weakens. However, if you're a long-term believer in Palantir’s AI and government contracts, adding on dips might still make sense. Strong revenue growth, expanding margins, and increasing government deals support long-term upside. A balanced approach—partial profit-taking while holding core shares—could be the best strategy.
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