Palantir (PLTR) is undoubtedly a great company, known for its cutting-edge data analytics and government contracts. However, despite its strong fundamentals, this stock is not on my watchlist because I believe there are better investment opportunities in the market. While some investors are optimistic about a potential rebound to $100, I remain cautious. Stock Performance & Valuation Concerns 52-Week Range: The stock has seen a wide fluctuation, with a low of $20.33 and a high of $125.41 over the past year. Palantir Technologies Inc. (PLTR) Current Price: PLTR is trading around $83, which is significantly closer to its recent high than its low. Valuation: The stock's P/E ratio seems overvalued, indicating that investors may be paying a premium for expected growth rather than current ea
Rebound vs. Large Sale: Can Palantir Return to $100?
Palantir rebounded 6% yesterday, reaching $96. However, it is also experiencing significant sell-offs, with insiders continuing to sell 310,000 shares last week. Do you see Palantir's rebound as sustainable? Does the ongoing insider selling indicate that the stock still has a lot of excess value? Will Palantir be a strong stock in the market rebound?
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